Fundamental Analysis
There is a Fed meeting on Wednesday next week.
This month's price closing is important for gold.
Ukraine-Russia uncertainty continues.
I think interest rates will stay below inflation for a long time.
As a result of these data, I think that even if gold experiences a short-term decline, it will continue to rise.
The Fed rate decision and the upcoming statements are very important.
Technical analysis
We can say that the price broke the blue down trend line and ended the correction movement.
For now, the maximum correction amount appears to be 1850.
There is a Fed meeting on Wednesday next week.
This month's price closing is important for gold.
Ukraine-Russia uncertainty continues.
I think interest rates will stay below inflation for a long time.
As a result of these data, I think that even if gold experiences a short-term decline, it will continue to rise.
The Fed rate decision and the upcoming statements are very important.
Technical analysis
We can say that the price broke the blue down trend line and ended the correction movement.
For now, the maximum correction amount appears to be 1850.
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