Ben Centres confirmed the Federal Reserve to continue with a policy of patience and anticipation of economic developments and to exclude the lifting of American interest this year as well as the entry of the Albrecht in a dark tunnel, giving the European Union a two-week deadline for the United Kingdom to persuade legislators By agreeing to a prexytalic deal avoid going out without agreement and the UK bears the consequences. The trade agreement between the United States and China is still far from the global economic slowdown in daily confirmation. All these powerful factors support gold price gains down to a level of 1320 dollars an ounce before settling around 1312 at the time of writing analysis. Expectations still support further gains if the stimuli we have mentioned continue.
The Federal Reserve Board of Ben Quieres announced as expected the amputation of centres interest rates unchanged. The future outlook for the US central Pentagon indicated that interest rates are likely to remain the same during the remainder of 2019. He also announced that by September, it would not reduce its bond portfolio, a change designed to help maintain low long-term loan rates. "It's time for us to be patient and wait and wait," Powell said, citing the global economic slowdown, which is not so long, the United States and the persistence of trade wars.
Technically: Gold prices today, if you are under 1300 dollars, the downward momentum will increase and the levels of support closest to it will be 1284, 1275 and 1260, respectively, which support the downward trend. On the upside, the closest resistance to gold is currently 1325, 1335 and 1342, respectively. We still prefer to buy gold from every bearish bounce.
At the level of economic data: the yellow metal will have all its focus at the US dollar level. Gold will also be influenced by investors ' appetite for risk or not, and gold is one of the most important safe almlazat. ...