Gold maintains its gains after the Fed's interest rate decision
Updated
Brian greets all smart traders!
Currently, the gold market is still trading quietly at $1928 with little change after the news that the Fed has decided to keep interest rates between 5.25% and 5.50% at the September monetary policy meeting. Gold continues to trade sideways, with predicted fluctuations in the range of resistance at $1936-$1938 and support at $1918.
Now it's your turn. What do you think the price of gold will do next?
Currently, the gold market is still trading quietly at $1928 with little change after the news that the Fed has decided to keep interest rates between 5.25% and 5.50% at the September monetary policy meeting. Gold continues to trade sideways, with predicted fluctuations in the range of resistance at $1936-$1938 and support at $1918.
Now it's your turn. What do you think the price of gold will do next?
Note
good luckNote
The USD hangs high with the DXY index around 105 points as Fed officials still have a hawkish tone.
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