Gold remains vulnerable as 4 bearish factors are at play https://ift.tt/esYfaC1, much stronger-than-expected US data like Q4 GDP, advance retail sales (February), ISM non-manufacturing (January), and US durable goods orders (December) have faded away the risk of a recession at least in the near term. Thus, expectations of a Fed pivot are being pared down.
Saturday, February 18, 2023
Gold remains vulnerable as 4 bearish factors are at play
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