Oro / DollaroShort
Gold reactions to FOMC
This analysis is strictly leaned on fundamental analysis
I've carefully studied fed watch tool and there will be no rate cuts
So since inflation is at 3%+
We are expecting no rate cuts or even worst a rate hike
So we should expect 5.5 as FXbook concensus states or 5.7, 5.8
Which will be bullish for the us dollar
So let's make sure to have this in mind while making trading decisions
I've carefully studied fed watch tool and there will be no rate cuts
So since inflation is at 3%+
We are expecting no rate cuts or even worst a rate hike
So we should expect 5.5 as FXbook concensus states or 5.7, 5.8
Which will be bullish for the us dollar
So let's make sure to have this in mind while making trading decisions
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