Gold Weekly Forecast: Bulls could retain control during Fed blackout period
Gold (XAU/USD) gathered bullish momentum at the beginning of the week on growing expectations of a Federal Reserve (Fed) interest rate cut in December.

Gold (XAU/USD) gathered bullish momentum at the beginning of the week on growing expectations of a Federal Reserve (Fed) interest rate cut in December.
Blockchain adoption continues to expand across industries, with tokenized equity sales among the next significant breakthroughs in finance, and crypto mining stocks entering the AI sector, ensuring a bright future for crypto-linked stocks.
With inflation and inflation expectations uncomfortably high, the potential for an interest rate cut by the US Federal Reserve, and geopolitical risks rising, investors should consider gold and gold stocks, with this precious metal trading at all-time highs.
Markets are again dominated by risk-off sentiment, boosting stocks and sending the US Dollar lower, with Silver leading precious metals higher.
WTI crude extends its decline amid rising supply risks from Russia and OPEC+, with prices targeting new yearly lows.
EUR/USD holds a tight range and forms a bullish flag while traders await key data from the ECB and the Federal Reserve.