Commodities Analysis and Opinion
Fed Rate Hike Cycles and Time Taken Before Gold Breaks Out
2023.03.28 03:56
This video notes the time it takes to breakout after a Fed rate hike cycle. We look at the past 5 rate hike cycles. We mark the peak in Gold around the start of the rate hike cycle and then the time it takes Gold to surpass that high.
If Gold were to break out in April or May it would mark the fastest time to break out in the last five cycles. If Gold required another few months or more time, it would align well with the history of the 2000s.
