Title: StockWatch: Gold Begins to Retreat Ahead of FOMC!
Post by: PocketOption on Mar 15, 2022, 12:05 pm
Post by: PocketOption on Mar 15, 2022, 12:05 pm
StockWatch: Gold Begins to Retreat Ahead of FOMC!
Source: StockWatch: Gold Begins to Retreat Ahead of FOMC! (https://www.orbex.com/blog/en/2022/03/stockwatch-gold-begins-to-retreat-ahead-of-fomc)
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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Source: StockWatch: Gold Begins to Retreat Ahead of FOMC! (https://www.orbex.com/blog/en/2022/03/stockwatch-gold-begins-to-retreat-ahead-of-fomc)