FOMC is upon us once again which means a high volatility event to prepare for.
BTC has fallen out of its 32 day mini range and is looking to close below its local low of ~29.5k. This gets the alarm bells ringing as there is a large FVG waiting below to be filled. A high volatility event such as FOMC can often help in achieving this but it's important to plan for...
Hi Everyone,
why am i telling you this?
this is the 3rd time FED will hiking the 75bps interest rate
we have been through the 1st and 2nd one, the gold got much pressure after the hike interest rate announcement
FED aiming 4,75 - 5,00 % for the 2022 , but it dont sure yet for the december hike , because they need to see the market reaction and the data that...
This is a cross-asset analysis of Gold (black trend-line) and the Effective Federal Funds Rate (green trend-line). Following the aggressive rate hiking by the Fed since the start of the year in an attempt to battle an out of hand rise on inflation, the idea of this study is to see how Gold historically reacts to raises on the Fed Interest Rates.
The Red Shapes...
