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Precious metals are holding strong right now. Gold's been hovering around that two-week peak we saw recently, and the momentum seems pretty sticky. What's driving this? Rate cut expectations from the Fed are back in play.



Traders are repositioning as hints of monetary policy shifts emerge. When rate cut speculation heats up, gold typically catches a bid since lower rates reduce the opportunity cost of holding non-yielding assets. Pretty textbook stuff, but the timing is interesting.

The yellow metal has been resilient despite some choppiness in broader markets. If the Fed signals any dovish tilt in upcoming statements, we might see gold push even higher. Worth watching how this plays out against risk assets and crypto correlations.
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NFTRegretDiaryvip
· 4h ago
As soon as the interest rate cut expectations come out, gold goes To da moon, we've seen this trap so many times.
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TokenStormvip
· 4h ago
The technical aspect of gold does seem interesting, but I still bet on how long that wave of interest rate cuts can hold up...
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SerumSquirtervip
· 4h ago
Gold has indeed shown some potential this time; as soon as the interest rate cut expectations came out, it directly To da moon.
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BrokenDAOvip
· 4h ago
The expectation of interest rate cuts is once again pumping gold prices, and this trap of game theory is getting old. The question is - how will the market react when the Fed actually starts cutting rates? Will gold rise along with risk assets or will it be a safe haven? To put it nicely, it's textbook; to put it bluntly, everyone is waiting for the same signal, and once that signal reverses, it's a stampede.
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