Most Federal Reserve officials viewed the "significant" inflation risks as a sign that further rate hikes may be needed to slow the economy, according to minutes of the meeting. July announced by the Federal Open Market Committee on Wednesday.
This may cause gold to trade in a narrow range before a new correction from the Fed
After the FOMC meeting, gold fell to the level of 189x. The 3h chart shows that the bulls are attempting a return to the 1900 price zone.⚡️⚡️ we can set a sell
GOLD
order in price zone 1903 - 1905 target price zone 1890 and SL 1913.⚡️⚡️
This may cause gold to trade in a narrow range before a new correction from the Fed
After the FOMC meeting, gold fell to the level of 189x. The 3h chart shows that the bulls are attempting a return to the 1900 price zone.⚡️⚡️ we can set a sell
GOLD
order in price zone 1903 - 1905 target price zone 1890 and SL 1913.⚡️⚡️
Comment:
gold is going according to my plan
Trade active:
After the news that gold unemployment continued to decline, there was no sign of a reversal
Trade closed: target reached
Comment:
sell 1903 + 200 pip hit TP
Trade closed: target reached
The dollar was also boosted by the Federal Reserve’s latest take on inflation and interest rates.⚡️