GEMFOREX Numbers Outlook – February 2023
these are the GEM numbers of the month for February:
Trading Forecast: EURUSD and Dow Bearings Rest on Jackson Hole, Trump
Scheduled event risk is starting to give way to sentiment and systemic fundamental concerns a prospect that threatens volatility at a time of year when quiet is supposed to prevail. Trade wars are finding guidance from headlines that President Trump regularly tops, while recession fears are tied more closely to
Gold Price Weekly Forecast: Bullish Breakout Remains In-Play
Gold is currently consolidating just under $1,500/oz. after hitting a six-and-a-half year high of $1,511/oz. earlier this week. Positive fundamentals remain but markets dont move in a straight line.
Gold Prices May Suffer if FOMC Undermines Dovish Expectations
Gold prices may look increasingly overpriced if the FOMC rate decision and commentary fall short of the markets comparatively more dovish expectations, opening the door to weakness.
Gold Prices Target Late-2013 High as Yield Curve Inversion Widens
Gold prices target August 2013 highs as US recession fears rise and local bond yields tumble. The GBPUSD is aiming lower as Boris Johnson comments on Brexit ahead of the APAC session.
Gold Prices Subdued at Resistance, Eying Fed Along With Crude Oil
Gold prices inch towards inevitable upside or downside breakout, eyeing a speech from Fed Chair Jerome Powell and increasingly tense US-China trade talks, along with crude oil prices.
Gold Prices May Extend Drop, AUD/USD At the Mercy of China Q1 GDP
Gold prices may extend drop as XAU/USD breached support on a stronger US Dollar and rising government bond yields. AUD/USD and risk trends are at the mercy of Q1 China GDP data.