XAU has grown in the past three weeks. Experts predict that XAU will continue to grow in the near future. If it surpasses the 2008 threshold, XAU will still grow greatly. According to the minutes of the two-day (October 31-November 1) monetary policy meeting released on November 21, US Federal Reserve officials acted cautiously and did not intend to raise interest rates. We agreed to do only that. Interest rates if progress in controlling inflation slows.
Minutes of the meeting showed that all participants agreed that the Fed's Federal Open Market Committee (FOMC) may proceed cautiously and that support for rate hikes appears to be receding. .
Inflation is slowing, with consumer prices flat in October compared to the previous month, and although the Fed has not yet declared an end to the fight against inflation, there are discussions to raise interest rates from the current 5.25% to 5.50%. % and how long it should be maintained. maintained. range.
The minutes of the meeting said further monetary tightening would be appropriate if there was information that indicated the FOMC's path to achieving its inflation target was inadequate.
Comment
⋅
BUY XAU 1992 - 1990 TP1:2000 TP2: 2008
SL: 1980
Comment
⋅
Bank holiday bull market
Comment
⋅
Please continue to follow XAU's direction, everyone
Comment
⋅
Gold is running very slowly waiting for news tonight
Comment
⋅
We have PMI news tonight
Comment
⋅
Good news for USD, gold will fall sharply
Comment
⋅
Gold continues to rise after PMI news
Comment
⋅
Follow telegram to receive more signals and analysis from me
Comment
⋅
Gold price increased the highest in the short term, the highest recorded price in 2018