Gold could plummet by $300, believe it?
Fed Bullard supports a 100 basis point rate hike by July 1 and supports the implementation of the first 50 basis point hike since 2000, the Fed swap shows that the Fed will cumulatively raise rates by 1% in the next 3 meetings; the Fed swap shows that the probability of a 50 basis point hike in March is more than 75%.
The United States is about to raise interest rates, fundamental gold prices are under pressure, and there may be a bearish trend in the coming period, mainly high selling, supplemented by low absorption.
This time, gold is going to plummet by $100-300, see 1500 letters?
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