Mid-Term Trading Idea XAU/USD – To Buy Or To Sell? The Fed’s Decision Will Tell
September 20, 2017 at 07:53 AM EDT
If the Fed decides today to raise the key rate, or maintain it at its current level of 1.00% - 1.25%, but significantly raises the trajectory of rate hikes (i.e. tightens its rhetoric on monetary policy), I’ll be looking to buy gold.