Inflation in the United States is the main driver of gold price growth.
In the last week, the inflation data influenced the significant growth of gold.
Along with gold, investors are turning their attention to cryptocurrencies and especially Bitcoin.
The last record in the price of gold is from December 4, 2023. Gold was then trading at $2,144.55. Gold added over $70 to its price today, making it the highest it has been this year. Gold is currently trading at $2,117 levels, having almost touched $2,120 and is very likely, as we claim from world-signals.com, to approach or surpass the December 2023 record high.

https://forex-strategy.com/2024/02/24/eurusd-forecast-and-analysis-of-the-coming-week-week-9/
EURUSD forecast and analysis of the coming week (week 9)
#eurusd #forex #trading #usa #dollar

Should we expect new records for Dollar-Yen?
The Japanese yen started to fall again against the dollar, this is the third peak above 150 Yen to the dollar and after the intervention of the Bank of Japan.
On Tuesday, USD/JPY traded at a high of 150.87.
Levels above USD/JPY 150 are a signal to traders that the Bank of Japan may intervene in the market and lower the rate by at least 300 pips. Therefore, trading above these levels is currently only regulated, and reaching 150 Yen to the Dollar, a decline follows.
The first time we saw levels above 150 Yen to the Dollar was on October 16, 2022, and the second time the Bank of Japan intervened was in November 2023.
Following the technical and fundamental data, we can conclude that this time we may witness a new record above 151.94 (October 16, 2022 Record). World-Signals.som expects a breakout next week with a probability of levels above 154.00.

EUR/USD is consolidating ahead of an expected breakout
https://forex-strategy.com/2024/01/22/eur-usd-is-consolidating-ahead-of-an-expected-breakout/

https://forex-strategy.com/2024/01/01/eurusd-movements-in-2023-and-forecast-for-2024/
EURUSD movements in 2023 and forecast for 2024
#forex #eurusd #trading #forecast #analysis

https://forex-strategy.com/2023/12/29/where-have-we-come-german-politician-immigrants-have-the-right-to-steal/
Where have we come: German politician - immigrants have the right to steal
#germany #politics #liberals #democracy #immigrations

https://forex-strategy.com/2023/12/13/fed-expectations-are-reversing-the-trend-thats-why-the-dollar-will-weaken/
#trading #usa #dollar #eurusd #forecasts #forex #fed #federalreserve
Fed expectations are reversing the trend - that's why the dollar will weaken

EUR/USD will reverse trend this week
#trading #usa #dollar #strategy #forex #eurusd
https://forex-strategy.com/2023/12/03/eur-usd-will-reverse-trend-this-week/

Something new is emerging from China, there are no places in the hospitals
#china #health
https://forex-strategy.com/2023/11/28/something-new-is-emerging-from-china-there-are-no-places-in-the-hospitals/

Is this what they planned to happen to Donald Trump?
#news #usa #politics #trump #biden #business
https://forex-strategy.com/2023/11/26/is-this-what-they-planned-to-happen-to-donald-trump/