Forex Trading Library

StockWatch: Gold Begins to Retreat Ahead of FOMC!

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In less than a week gold has retreated over $100 as the yellow metal moves closer to $1900.

Investors are awaiting the announcement of the interest rate decision by the Federal Reserve.

Jerome Powell is likely to stand with the announcement of a rate hike tomorrow.

Is now a good time to place bids on the greenback?

Timestamps:

  • GOLD 01:35
  • WTI 02:30

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