Gold Trend is Downside today for 1910's
Gold prices kept to a tight range on Monday as traders hunkered down in anticipation of a Federal Reserve meeting this week, with focus also remaining on any signs of slowing economic growth across the globe.
The Fed is widely expected to raise interest rates by a relatively smaller 25 basis points on Wednesday. But the central bank’s stance on future rate hikes will be closely watched, given that recent data has painted a somewhat mixed picture of the U.S. economy.
Gold is looking in a downside today may fall towards 1915 or 1910 as well.
The Fed is widely expected to raise interest rates by a relatively smaller 25 basis points on Wednesday. But the central bank’s stance on future rate hikes will be closely watched, given that recent data has painted a somewhat mixed picture of the U.S. economy.
Gold is looking in a downside today may fall towards 1915 or 1910 as well.