Analyst: The Federal Reserve appears slightly hawkish, gold may pull back to $3,600 in the short term
Jinse Finance reported that Marex analyst Edward Meir stated, "The Federal Reserve's overall stance on interest rates is slightly hawkish, and they are not truly enthusiastic about supporting rate cuts. Therefore, we have seen the US dollar strengthen after the Fed meeting, and US Treasury yields have also risen... I think in the short term, gold prices may be a bit overbought and could further retreat to the $3,600 mark."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lombard (BARD) surged after opening and then pulled back, now trading at $1.1109.
Publicly listed company Caliber has spent $6.5 million to purchase LINK tokens.
Scam Sniffer: An address lost $6.28 million worth of cryptocurrency to phishing 12 minutes ago
DeAgentAI Genesis Airdrop Launches, Main Staking Event to Start on September 22
Trending news
MoreCrypto prices
More








