Will gold explode today?

A rate hike is just the beginning! If the Fed raises rates and Kevin Warsh comes with very hawkish remarks, while ruling out a rate cut in the near term, gold will come under strong pressure as the dollar and yields rise. But if the hike is expected and Warsh’s tone is less hawkish—opening the door to a possible rate cut—the picture flips quickly, and gold witnesses a powerful surge.

The markets aren’t only waiting for the rate decision...they’re waiting for Warsh’s word! One of his statements will set the direction of gold, the dollar, and stocks in the coming phase. 🔥

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