Monday, November 27, 2023

"GOLD PRICE FORECAST" BY GOLDILOCKS, 27 NOV

 “Gold Prices Forecast: XAU/USD’s Future Moves Hinge on Federal Reserve Actions”

There is a strong expectation that the Federal Reserve will halt interest rate hikes for the time being from many economists. This move is expected to carry over into the first part of next year and possibly into the summer.

These actions would be good for foreign currency markets allowing them to move into higher values based upon new choices being made in the digital economy and the dollar pulling back from its strength.

We have oil getting ready to make a turn around and to higher values along with cryptocurrency and a gold. The stage is being set for new price pressures going forward.

These changes will make it easier to determine real values on the new tokenized assets backed by gold and supported by new algorithms taking place early next year as Protocol 20 transitions the market into price actions that level the playing field.

© Goldilocks

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