GOLD VIEW

Gold / U.S. Dollar FOREXCOM:XAUUSD

FXBANkthe8055

Gold prices climbed to a fresh record above $4,480 per ounce on Tuesday, marking the 50th record-breaking session this year, driven by expectations of looser US monetary policy and mounting geopolitical tensions.

Markets are currently pricing in two quarter-point rate cuts by the Federal Reserve next year, amid signs of easing inflation and a cooling labor market.

Investor attention is now turning to the second estimate of third-quarter GDP, due later today, which could provide further insight into the health of the US economy and the likely path of Fed policy.

source https://www.tradingview.com/chart/XAUUSD/mq2m3Tzh-GOLD-VIEW/