empty
 
 
Back Forecast
analytics69fa0cd120443.jpg
Back Forecast
XAU/USD: In Light of the Fed's Hawkish Turn
Gold enters the middle of the
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
Gold enters the middle of the week in a vulnerable position. On Tuesday, the precious metal attempted a recovery, bouncing off a five-week low around 4500.00, but failed to build momentum and is consolidating near 4580.00.The reason for such weak dynamics is the renewed escalation of the conflict in the Strait of Hormuz, which, rather than supporting gold as a "safe haven," paradoxically increased expectations of a Federal Reserve tightening, directly putting pressure on the non-yielding asset. Fundamental Background:
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Jurij Tolin,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Jurij Tolin
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback