FOMCthis week! how would it affect gold price?
this week we are having the FED fomc meeting and gold just plummets recently, like anytime before in the late 2015 and late 2016. The last Fomc was held in March and before that gold also plummets, so will we have a big big big gold Bull market right now after the Fomc? just wait and see
it's near. Rise up the Gold bull
for these few days, look like the market will correct a bit. There is rumours there will be interest rate move on this FOMC but any volatility would be beneficial for short term gold price.
With the last disappointing NFP report and a downward revision to the previous one, i wouldn't be surprised if they decide to keep the rates steady. That should give a boost to gold.
Yes well after today's smashing I hope you are right. Followed.
It will be so rewarding when the price finally turns around on that shiny metal! Followed and great post.
on point. i also expect a big move. followed
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I am guessing it will bring a further correction to the market, bond the smart money is already seeing some uptick because of the money flow. if FOMC gives a shock to the market, gold will get some flow as well.