XauUSD- After the news from the Fed, how to change?
The world gold price today listed in Kitco at 1,931.7 USD/ounce.
It can be seen that today Gold passing the US Federal Reserve (Fed) decided to keep the interest rate between 5.25% to 5.50% at the Monetary Policy Meeting. Looking at the technical picture on H4 time frame, gold is in a main trend of increasing, so we may follow that trend and target higher at the psychological resistance of 1944 USD. After forming Dow theory.
It can be seen that today Gold passing the US Federal Reserve (Fed) decided to keep the interest rate between 5.25% to 5.50% at the Monetary Policy Meeting. Looking at the technical picture on H4 time frame, gold is in a main trend of increasing, so we may follow that trend and target higher at the psychological resistance of 1944 USD. After forming Dow theory.
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good luck traders
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