Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
XauUsd Fed's Rate Decision | Will it retest or drop below 1915
CFDs on Gold (US$ / OZ)
Short
XauUsd Fed's Rate Decision | Will it retest or drop below 1915
By Khairi_RL
Follow
Follow
Mar 22, 2023
2
2
2
Mar 22, 2023
Last week 1915 was a decisive resistance for price to reach 1990. Upcoming Fed Decision, Will it retest 1915 support or will it trade below 1915?
Upcoming Fed Rate Decision, I am confident Fed will rise Interest rate despite having a dilemma like SVB.
However, it pausible Fed will stop interest rate at 5% IF inflation rate in bearish This is based on my personal opinion.
momentum.
Recent date show Inflation rate is at 6.04%. It was peak at 9.06% in June 2022. Drop 3.02% in 8 month.
We will expect another 8 months or less until
inflation lowered to 2% or 3%.
Chart Patterns
federalreserve
fedfundsrate
Fundamental Analysis
goldtrading
Trend Analysis
Khairi_RL
Follow
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
.