FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
3
This is only my observation and should not be used as guide while trading. As clear as JY can be, rate hike is imminent. The previous one had a sell off starting the day when Trump was elected. Was it the residual effect of a series of sell off preceding the previous rate hike? Only the time will tell on this coming one. I would say, they gonna mirror each other, either consolidation until the rate hike or gradual sell-off. (The white boxes covers the time zone with a time frame of 15 days each) I'd like to know your thoughts on this one.
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