Gold fell after the Fed's interest rate decision
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.
Note
SELL gold 2045TP1: 2035
TP2: 2025
SL: 2055
Note
running + 50 pipsNote
HIt TP1 running + 130 pips
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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.