In today’s episode we look at the upcoming FOMC in March and discuss the mismatch between narrative and the futures market when it comes to what the Fed will do next. Nick dissects China’s recent National Party Congress, what the GDP expectations China has put forward mean and the hints which suggest China is looking to internalise consumption. Plus, as gold continues to hug the US$1,850s level, Nick casts his technical lens over the price targets that matter right now and why the US$1,800 level looks supportive. PODCAST INFO: ABC Refinery website: https://www.abcrefinery.com/podcast Apple Podcasts: https://podcasts.apple.com/us/podcast/the-pod-of-gold/id1592958488 Spotify: https://open.spotify.com/show/1WCw03OP7dsWJFrGR2l5Zb RSS: https://anchor.fm/s/66995438/podcast/rss Nick Frappell: https://twitter.com/nick_frappell Shae Russell: https://twitter.com/shaearussell OUTLINE: Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (1:21) – Gold rally lost steam at a key Fibonacci level (4:58) – Targets to watch for with gold in the US$1,800 range (7.20) – Silver sees an increase in shorts (10:05) – Silver reacts to China’s economic reopening (12:36) – The Fed are facing a two-speed economy (14:50) – Will “higher for longer” be relevant after this week’s data dump? (19:06) – Breaking down China’s National Party Congress (21:54) – The Aussie dollar’s down move in an aggressive hiking cycle (25:21) – Key takeaways Link to last episode "What lies above US$2,075 for gold?"  https://open.spotify.com/episode/5htibKWKC3dOwIBMvA60dg