Impact of Fed Unchanged Interest Rate and Gold Prices

Here I tried to show the movement of the day when Fed announces its unchanged Interest Rate decisions during the last 6 times. As you can see, the gold prices had been quite volatile during the last Fed decision on June the 16th and shed 1.45%. Since then, the yellow metal has not been able to overcome the loss and is in the downward trend.

Please note that this is shared for educational and informational purposes only and is not intended for financial decisions.

If you like the idea, please like and comment :)

Beyond Technical AnalysisCandlestick AnalysiseducationalfedfederalreserveGoldSeasonalityXAUUSD

Disclaimer