according to analysts-this could mean the Gold is ready for the next spark, As gold managing to trade well above $1,500 an ounce as Fed proceeded with its widely expected "hawkish cut.
Fed chair Jerome Powell laid out a helpful equation for the market — the monetary policy will "remain appropriate" unless there is "a material re-assessment" of Fed's outlook; the Fed will not ready to hike unless there is "a significant move up in inflation."
Fed chair Jerome Powell laid out a helpful equation for the market — the monetary policy will "remain appropriate" unless there is "a material re-assessment" of Fed's outlook; the Fed will not ready to hike unless there is "a significant move up in inflation."
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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.