The weekly gold candle shows a restrictive range of just $25 as the precious metal looks for a driver to help break its current lethargy
Source
Gold (XAU/USD) Price Struggles for Direction, Silver (XAG/USD) Looks Boxed In
access_timeNovember 17, 2024
Latest:
- Newsquawk Week Ahead: UK data; RBA Minutes; Japanese CPI
- Fed’s Goolsbee says rates will be a lot lower “as long we keep making progress toward” 2%
- Bitcoin perks up to finish the week strong
- Fed’s Barkin: I always have expected core PCE to stay in the “high twos”
- Fed’s Goolsbee says personally comfortable not ‘charging’ towards neutral
- No comments on monetary policy from the Fed’s Williams
- BOC senior loan officer survey: 1.71% vs 6.85% prior
- Fed’s Collins: Won’t take a December easing off the table, doesn’t see big urgency
- ECB’s Cipollone: We can and should reduce the level of monetary policy restriction
- USD/CAD continues to break out
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