XAUUSD | GOLD | DECRYPTERS

HI Welcome to Team Decrypters

First of keep this in MIND this analysis is on Daily

Now for this week :-

This Week we have FED meetings + Press conference
This Meeting + Press conference will be the Most important Meeting for this whole year in my opinion so

There are 2 scenarios

1- Either FED Skip JUNE and Increase Rate in next Month -
2- They incre4ase This month and Keep Higher Rate till first quarter of 2024-

Either way they have to Increase Rates as 6 out of 7 of the Fed’s inflation measures are flashing Red

Both will push Recession which is Also immanent in my opinion

MY PERSONAL OPINION:- we see DXY down till FOMC and than we see RIDE to the Up side

In OUR VIP we trade Any thing long / Short what ever Market Gives

EITHER WE GO UP AND THAN DOWN LEVELS |OR| WE GO DIRECTLY DOWN FROM THIS RANGE