🚨 #Gold is one #CPI surprise away from a major move.
Hot Core CPI above 2.9% could revive #Fed hike bets and push $XAUUSD below $4,000.
A softer print could trigger a rally toward $4,350, while the Warsh factor and US-Iran tensions add another layer of volatility.
What’s your Gold bias? 👇
#USCPI #FederalReserve
FXStreet is affected by @Investingcom's AI-fueled, big-scale plagiarising practise. It is concerning to see our content taken, rehashed, and published without permission. We demand https://t.co/bAvhjVzOpw to stop copying articles, remove the plagiarised posts, and apologise.
If you're trading forex today, you must be aware of Powell's power-play. The dollar is up on fears that Powell's Fed will fight inflation so much as to cause a recession.
Here are 5 things you need to know when following Powell 🧐 ⬇️
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