Gold Forecast: Surge Above $4,050 Geopolitics and Global Economic Uncertainty

Gold price analysis

China trade tensions, the Middle East, and US fiscal uncertainty have pushed gold towards $4,050. The Federal Reserve’s two more rate cuts and limited US economic releases further enhanced the safe-haven demand.  The markets will likely be low-volume today, but traders will closely monitor FOMC Paulson’s speech for further direction. The gold forecast remains bullish,…

The post Gold Forecast: Surge Above $4,050 Geopolitics and Global Economic Uncertainty appeared first on Forex Crunch.

Similar Posts