𝑻𝑯𝑬 𝑻𝑹𝑨𝑫𝑬𝑹𝑺 𝑪𝒀𝑪𝑳𝑬 🌀 ②⓪②⑤
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The reasons:
°Inflation is still elevated, and oil above $100 is adding inflation pressure.
°Fed Chair Kevin Warsh has previously emphasized the need to keep inflation under control.
°Markets are expecting a 25 bp hike, and some market pricing reflects expectations for further hikes
FOMC News signal ⚠ 🚨
HAWKISH!! 🔴
SELL XAUUSD
At 19:59.58sec
NOTE
Fundamentals don't respect Stop loss ‼️ deposit what you willing to lose..
Repost from N/a
The fed will hike rate with 25 basic points today.
⚠️ The market has already priced it in
So what will move the market is the speech itself 🚨
🟥 Hawkish Fed → usually bearish Gold
A hawkish outcome would mean something like:
25 bp hike plus signals of more hikes
🟢 Dovish Fed → usually bullish Gold
A dovish outcome could be:
Fed hikes 25 bp but calls it an "insurance" hike
