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
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