Gold fell after the Fed's interest rate decision

By TrategySherpa
Updated
The Fed decided to keep interest rates unchanged and signaled that it is not ready to loosen policy. Powell's statement disappointed investors longing for a rate cut, and this led to a slight increase in the US dollar. Currently, the focus of the market will be the Nonfarm Payrolls report released at the end of the week.
Comment
SELL gold 2045
TP1: 2035
TP2: 2025

SL: 2055
Comment
running + 50 pips
Comment
HIt TP1 running + 130 pips
ForexforexsignalsforextradingFundamental AnalysisTechnical IndicatorssignalstradingTrend AnalysisXAUUSD
TrategySherpa

Related publications

Disclaimer