“FED Chairman Powell” speech DATE: 23-08-2024

Jai Shri Ram!

Today is another risky day for traders not because of weekly close, because today is “FED chairman Powell” speech about economy. now question is how much rate cut can happen next month ((0.50 or 0.25)) if Powell hint rate cut around 0.50 then we will see major rise in XAUUSD up to $2530 to $2550 but if Powell hint 0.25 then no major rise can happen because every one expected this thing, after that we will see one sharp fall up to $2470 & $2450

The Market thinker

H! Friends! Birth: I (Chandan Singh Rawat) was Born in New Delhi, the Capital of "Bharat" in 04th October 1982 into A Hindu Religion. Education: Completed My Scholling from Kendriya Vidyalaya, (New Delhi) & Graduated from Delhi University with A Commerce Stream. Work Experience: In Starting, I Joined CA Firm and Learn Financial Accounting and also work some company as a Accounts Manager, After that in 2008, I started Learning Equity & Commodity Market and after that, I start my own analysis with the name of "CommodityMarket2008 Advisory Services, Known as Chandan Singh" Now We are pleased to introduce ourselves as one of the most prestigious & leading "Equity + Commodities" Trading Signal service provider with more than 15 years experience & expertise.