THE BIG MIG SHOW
DECEMBER 27, 2024
EPISODE 448– 12PM
Gold Price Forecast: XAU Bullish Bias Holds Above $2,600 on Fed Outlook
Gold prices edged lower on Friday, trading around $2,632.85, as thin holiday liquidity muted market moves.
The precious metal remains on track for a weekly gain, supported by investor caution over the Federal Reserve’s 2025 rate plans and geopolitical tensions. Analysts attribute the subdued price action to seasonal market dynamics.
Silver Price Forecast: Can $30.16 Resistance Trigger a Breakout?
Bitcoin options contract worth more than $14 billion expired. This is one of the largest expirations in Bitcoin options trading history, and it may generate market tremors.
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