Gold

Quoting 10QFX

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Hi Parveenverna, is the yellow box untested that needs to be covered? {image}

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Quoting 10QFX

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Re entry with stop just above. {image}

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Quoting krvam

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What is expected from the FOMC rate with gold? Should it go down when the news comes out?

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Quoting noobtrader8

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{quote} if they raise the interest rates by 0.25% we will likely see gold falling pretty fast to 1913 area (imo) but if they keep the rates the same, we could see gold topping new untested levels at 1953. It wouldnt be such big news so we will mainly have to wait for Powell’s speak to see what the future has ahead of us for the feds monetary policy. So it will only be big news if they raise the rates. Please correct me if I’m all wrong, lol!

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Quoting 10QFX

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Re entry with stop just above. {image}

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Quoting luckytujuh

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a break towards 1918, will have a change of character. possible buys from 1903. {image}

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Quoting jonatslim

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{quote} lucky, which indicator in tradingview is this that paints the liquidity areas?

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Quoting jonatslim

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{quote} if FOMC raised by 0.25%, price will drop. Note that FOMC hasn't been a surprise for a while now as FOMC wants to be very predictable. if no raise - stays in 5.50% - price should go up... however, "The rate decision is usually priced into the market, so it tends to be overshadowed by the FOMC Statement, which is focused on the future". That mooning at start of ny, that is the price going up already. the decision is "priced in" the "no change" today already. if no change, i expect price to to not move much anymore ( as it was back in Mar,...

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