Today's Fed interest rate decision is fully in line with market expectations, raising interest rates by 0.25%, which is expected to raise interest rates, so the market has digested the volatility brought by the rate hike, and then the Fed's speech is also very dovish, gold fell rapidly after a short rise, there was no great fluctuation, gold was blocked around 1978, and the upward trend was not continued, the dollar index also began to rise after a short decline, which further suppressed the rise of gold, in the next gold trading, Give advice to friends to go short at a high level
Gold Trading Strategies:
XAUUSD:SELL@1975-1980 TP1965-1960
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.