XAUUSD - Market decline, buying strategy to expand scale

已更新
On the world market, the gold trading price on the Kitco floor ended the last trading session at 1,924 USD/ounce.

The direction of gold will be more clearly determined this week after the US Federal Reserve (Fed) decides on monetary policy at its meeting on September 20-21 (US time). According to professional forecasts, it is likely that the Fed will not raise interest rates, but will still maintain the current high level.

According to the CME FedWatchTool, the 60% interest rate remains unchanged between now and the end of the year.

Edward Moya, senior market analyst at OANDA, said Chinese banks have a general message that the interest rate cycle is about to end. That creates more appeal.

Although it still seems not ready for a breakthrough, the peaceful moves of central banks continue to support gold prices.
评论
XAUUSD BUY 1917 - 1919

TP1: 1922
TP2: 1928

SL: 1909
forexsignalforexxauusdFundamental AnalysisgoldsignalgolssignalTechnical IndicatorsTrend AnalysisTrend Line Breakxauusdideaxauusdsignalxauusdtrend

Related publications

免责声明