Golden disaster canceled. Forecast as of 30.06.2023
Since gold is traditionally considered a forerunner of an apocalypse, its 2023 rally convinced investors of an approaching recession. However, something went wrong. Let's find out more about it and make a trading plan for gold.
Monthly fundamental forecast for gold
The one who doesn’t make mistakes doesn’t work. In 2022, financial markets were casting stones at the Fed for its wrong predictions of a temporary nature of the high inflation, but in 2023 they only can blame themselves. Neither the yield curve nor gold prices could correctly predict a recession, even if these indicators usually signal a very poor... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/golden-disaster-canceled-forecast-as-of-30062023/
