StockWatch: Gold Begins to Retreat Ahead of FOMC!

[PocketOption]

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

Test your strategy on how gold will fare with Orbex - Open your account now. 

The post StockWatch: Gold Begins to Retreat Ahead of FOMC! appeared first on Orbex Forex Trading Blog.

Source: StockWatch: Gold Begins to Retreat Ahead of FOMC!