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Gold Futures - Jun 24 (GCM4)

Real-time capital.com
Currency in USD
Disclaimer
2,350.45
+7.95(+0.34%)
Real-time Data

Gold Futures Discussions

US, Europe, Japan, and China are flashing signals of an economic slowdown later this year, raising fears of a global recession in 2019 and a stock market slump without a shift in policy. \n\nMonetarist experts warn that the global money supply is slowing much faster than widely appreciated, suggesting that the shift away from quantitative easing by the major central banks is already starting to have profound consequences.
Problem is that the only economy that was growing was USA, all others are slowing down already. Last year many where growing, Canada, EM, Austrália, etc. Last of 2017 and this year so reverse, they are contracting and USA is slowing. So, what's next? When all economies are growing, USD is pressure, because it goes out to buy everything. When economies slow, it's the opposite. USD made the bottom here. It's on reversal move now
When when USD goes up....
 USD is only 1 factor which drives supply and demand.... I would not focus heavily on this to determine where gold is heading...
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