UK +44 (0) 20 7164 6732 FX@WhyLose.com

Gold Prices May Suffer Deeper Losses as Fed Rate Hike Bets Swell

Lion Asset Management Forex Outlook Gold Prices May Suffer Deeper Losses as Fed Rate Hike Bets Swell

Forex Outlook

Gold Prices May Suffer Deeper Losses as Fed Rate Hike Bets Swell

Posted By Ilya Spivak

Gold prices may drop further after touching a five-month low as US retail sales data and hawkish Fed commentary boost bets on a steep rate hike cycle.

Trade Commission Free At Digitex Futures on Bitcoin, Ethereum and Litecoin against the US dollar. Traders submit buy and sell orders instantly with a single click on an intuitive ladder trading interface that displays live bids and offers moving up and down on a central price column. Large tick sizes eliminate noise and make short term scalping viable, creating highly liquid markets with zero trading fees.

The founder of WhyLose.com is a Technical Advisor at Digitex Futures.

Free Forex eBooks Download Join Now

Proudly powered by Carlyle and Day - FX Managed Funds And Trading Consultancy Services Since 2002. Social Trading Solutions by Lion Asset Management.