Markets and investors await the Fed's decision this week
Gold is the actual pulse of the Federal Reserve’s decisions, so it is expected that if the Federal Reserve’s decision to raise interest rates by 25%, which is what 20% of the markets have suggested so far, we will find gold on downward levels, which are 1943.92, and by successfully breaking it, we will find it at the following levels
1927.09
1918.67
1907.85
1865.27
But if the Fed comes with the interest rate fixing decision, as expected by 70% of the markets, we will find gold at upward levels that penetrate the current resistance, and I have another opinion on that based on the data of the change in non-agricultural private sector jobs issued by ADP (May) 278K 170K 291K
The picture will become clearer with the data that will be issued before the federal decision
#forex #stocks #invest #helptrading #stockstrader #stockmarket#forexmarket #cash #investor #money #trading #stockstrader #forex #forextrader #gold #trendanalysis#fundamentalanalysis #trendlinebreak#goldidea
#signals
Gold is the actual pulse of the Federal Reserve’s decisions, so it is expected that if the Federal Reserve’s decision to raise interest rates by 25%, which is what 20% of the markets have suggested so far, we will find gold on downward levels, which are 1943.92, and by successfully breaking it, we will find it at the following levels
1927.09
1918.67
1907.85
1865.27
But if the Fed comes with the interest rate fixing decision, as expected by 70% of the markets, we will find gold at upward levels that penetrate the current resistance, and I have another opinion on that based on the data of the change in non-agricultural private sector jobs issued by ADP (May) 278K 170K 291K
The picture will become clearer with the data that will be issued before the federal decision
#forex #stocks #invest #helptrading #stockstrader #stockmarket#forexmarket #cash #investor #money #trading #stockstrader #forex #forextrader #gold #trendanalysis#fundamentalanalysis #trendlinebreak#goldidea
#signals
