Gold is trading a bit higher in today's session due to high expectations and concerns regarding the FED decision which is to be expected in less than 5 mins.
This is the last FOMC Meeting for the year which could turn into a very very historic event for the last decade.
Can we get the first FED rate increase in nearly 9.5 years?
Chart: XAUUSD D1
Excellent analysis!
ReplyDeleteI agree with the analysis, good point.
ReplyDeleteWe did get a rate hike but the market reaction wasn't as extreme as I thought it would be.
ReplyDeleteWell done, thank you.
ReplyDeleteI agree with your point of view.
ReplyDelete