XAU / USD trend forecast January 30, 2025, SCALPING
The Federal Reserve kept interest rates unchanged on Wednesday and indicated that there is no urgency to cut borrowing costs until inflation and employment data justify such a move.
During the post-meeting press conference, Fed Chair Jerome Powell emphasized that political factors would not influence the central bank’s decisions on interest rates and tempered expectations for upcoming rate reductions.
Powell’s statements reinforced the belief that rates will stay elevated for an extended period, given concerns over US President Donald Trump’s protectionist measures, which could potentially drive inflation higher.
Expectations of an overall FED rate cut helped gold prices not sell off too much, maintain well above 2735 and accumulate upwards.
/// SELL XAU : zone 2770-2773
SL: 2776
TP: 50 - 80 - 150pips (2758 )
Safe and profitable trading
The Federal Reserve kept interest rates unchanged on Wednesday and indicated that there is no urgency to cut borrowing costs until inflation and employment data justify such a move.
During the post-meeting press conference, Fed Chair Jerome Powell emphasized that political factors would not influence the central bank’s decisions on interest rates and tempered expectations for upcoming rate reductions.
Powell’s statements reinforced the belief that rates will stay elevated for an extended period, given concerns over US President Donald Trump’s protectionist measures, which could potentially drive inflation higher.
Expectations of an overall FED rate cut helped gold prices not sell off too much, maintain well above 2735 and accumulate upwards.
/// SELL XAU : zone 2770-2773
SL: 2776
TP: 50 - 80 - 150pips (2758 )
Safe and profitable trading
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
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" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
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.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
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.