Bearish Gold WEEK ?

24 ביוני 2023

Gold took a hit this week as the dollar rebounded after the Bank of England raised interest rates by half a percentage point — twice more than forecast — saying it needed to act against "significant" indicators that British inflation would take longer to fall. U.K.’s main interest rate is now at 5%, the highest since 2008 after the largest rate increase since February. For me the gold metal will go a little bit down . Wha do you think traders , Am I right ?