The major concern for the global economy at the moment are the inflation rates. Even though we are seeing a massive turn of monetary policy towards higher interest rates by some of the biggest central banks of the world, inflation has not been controlled so far and has even surged in recent months. Some market participants doubt whether central banks can actually bring inflation down, as it is mostly derived from higher energy and food prices due to heightened demand and a labour shortage. On the contrary, employment and wages have improved that may be creating a mixed-up sentiment for the market. The contradicting forces, however, are worth examining closely as even daily headlines can move Gold\u2019s price accordingly.<\/p>\n\n\n\n
In the following days, a number of economic events unfold that could possibly create opportunities in the Gold market. On the 22 <\/sup> and the 23 <\/sup> of June we get back to back testimonies by Federal Reserve Chair Jerome Powell. On the 23 <\/sup> we also get the weekly Initial Jobless claims figure and the Preliminary PMI data for June. On the 24\u00a0 <\/sup> we get the Final UoM Sentiment for June and on the 28\u00a0 <\/sup> we get the US Consumer Confidence reading for June.<\/p>\n\n\n\n Analyser la technique<\/u><\/strong><\/u><\/strong><\/strong><\/p>\n\n\n\n XAUUSD Daily<\/strong><\/u><\/strong><\/p>\n\n\n\n![\"\"](\"\/wp-content\/uploads\/2022\/06\/xau-usd-4h-chart-21-06-2022-technical-analysis.png\" "\\"graphique-d\u2019xau-usd-quatre-heures\\"\/")
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