The current volatile trend is to give room for adjustment for the interest rate decision and the Fed's speech later.
If the interest rate is expected to remain unchanged or increase, it will boost the US dollar index. This will suppress the xauusd market. It will be bearish and fall. If the interest rate is cut, it will boost XAUUSD. But I think the market will not raise interest rates at this stage. The probability of a rate cut is also very low. So maintaining the same interest rate is the first choice.
In terms of trading, traders with large amounts of capital can sell at 3385 at the current price, while traders with small amounts of capital can wait until the market returns above 3400 before selling.
The Swing Trading Center continuously updates new real-time trading opportunities. If you don't understand trading, or don't want to miss the next real-time trading opportunity, remember to follow me.
If the interest rate is expected to remain unchanged or increase, it will boost the US dollar index. This will suppress the xauusd market. It will be bearish and fall. If the interest rate is cut, it will boost XAUUSD. But I think the market will not raise interest rates at this stage. The probability of a rate cut is also very low. So maintaining the same interest rate is the first choice.
In terms of trading, traders with large amounts of capital can sell at 3385 at the current price, while traders with small amounts of capital can wait until the market returns above 3400 before selling.
The Swing Trading Center continuously updates new real-time trading opportunities. If you don't understand trading, or don't want to miss the next real-time trading opportunity, remember to follow me.
Trade active
There was no big drop as expected. The market hit a low of 3375. The decline from the high also created a fluctuation space of about 20 US dollars per ounce. Although short selling is profitable, I am not very satisfied with the decline. Are you satisfied with this profit? The next transaction will still be announced in the swing trading center. Stay tuned.Trade closed: target reached
Finally, we got what we wanted. We hit our target. It dropped by about $35/ounce.
✅✅💲💲💲Join the "Swing Trading Center" and get free real-time trading signals. After becoming a member, you will get 5-10 valid and profitable signals every day. Weekly profit exceeds 189%
✅✅💲💲💲t.me/Swing_XAUUSD_BTCUSD_8
✅✅💲💲💲t.me/Swing_XAUUSD_BTCUSD_8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅✅💲💲💲Join the "Swing Trading Center" and get free real-time trading signals. After becoming a member, you will get 5-10 valid and profitable signals every day. Weekly profit exceeds 189%
✅✅💲💲💲t.me/Swing_XAUUSD_BTCUSD_8
✅✅💲💲💲t.me/Swing_XAUUSD_BTCUSD_8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.