⭐️ XAUUSD: The trend is up again!
Gold remains pressured around $1,925 on Fed's hawkish stance
The price of gold continues to decline for the third day in a row, hovering around $1,925 during Asian trading hours on Thursday. As anticipated, the Federal Reserve (Fed) of the United States decided to keep the current benchmark policy rates unchanged at 5.5% during their meeting on Wednesday.
Maybe scalping buy XAUUSD zone 1920 - 1924 with stoploss at 1915 and take profit at 1930 (R:R 1:1)
The price of gold continues to decline for the third day in a row, hovering around $1,925 during Asian trading hours on Thursday. As anticipated, the Federal Reserve (Fed) of the United States decided to keep the current benchmark policy rates unchanged at 5.5% during their meeting on Wednesday.
Maybe scalping buy XAUUSD zone 1920 - 1924 with stoploss at 1915 and take profit at 1930 (R:R 1:1)
Trade active
Stocks retreated on Wednesday after the Federal Reserve said it would leave interest rates unchanged but indicated another hike on the horizon.Trade active
Close 1/2 +30pips. 1/2 Move SL to 1922
Related publications
Disclaimer
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.
Related publications
Disclaimer
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.