FalCol_TradingMaster

The fall has not stopped as the Fed prioritizes reducing inflati

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
On January 11, the US policy-making basis, the Fed, was completed in early November. This agency decided to maintain the USD operating interest rate at a 22-year high of 5.25%. ,5 years.

This basis was put in place to determine the likelihood of a report on the US chief economist. Specifically, the Fed said economic activity increased sharply in the third quarter of 2023, with a likely increase of 4.9%, expanding with certainty.

The job market is stable and positive when the number of new jobs created in the non-agricultural sector in September reached 336,000 jobs, double the forecast level of 170,000 jobs. Every American has 1.5 job openings. This is consistent with the US economy accepting high interest rates but still growing well.

The Fed's announcement this time, in addition to keeping interest rates high for a long time, also contained a message of financial tightening. Specifically, the Fed said "finance and credit are in a tight state". This can be understood that the Fed and the US's basic strategies not only use monetary policy but still have the main fundamental economic tool at the present time to ensure safety.
Comment:
XAUUSD SELL 1984 - 1986

✔️TP1 : 1978
✔️TP2 : 1970

❌SL: 1995
Comment:
Running +30Pips ✔️✔️
Comment:
HIT TP1 + 60PIpss✔️✔️

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