“FED Interest Rate Decision” and Impact on “XAUUSD” DATE: 31-07-2024

Jai Shri Ram.

Today is Another Major Day for Financial Market because of “FED Interest Rate Decision” on late night. again market expecting no change in “Rate Decision” and rest depend on their statement. if statement comes Hawkish (Positive) then tomorrow we can see XAUUSD below $2370 & $2350 but if statement comes Dovish or FED cut rate (Negative) then we can see huge rise in XAUUSD up to $2450 & $2488. Am expecting very good movement in “Gold and Silver, we will build our position on evening session…

Chandan Singh

this is Chandan Singh from India. research technical analyst in financial market and helping investor or traders to generate knowleage with profit from financial market with having 17 years of experience!