The white session is already underway in setting up for the rate decision; money is positioning early in anticipation of the outcome. During the session, there will be frequent needle-like wicks, with both long and short traps occurring to catch both sides off guard.
Rate-hike expectations have already been largely priced in in advance. A rate hike does not necessarily mean gold will fall. The key focus is the description of the subsequent interest-rate path after the decision.
Before the decision is released, it’s not suitable to take a heavy one-sided position. In the white session, price action is more about washing the market; the larger volatility is concentrated between 2:00 and 2:30 a.m.
In the evening’s “yoga” session, the outlook was laid out: first, glance toward above 4370; from there, look for downside below 4280; finally, there will be a rebound and correction, forming a deep-V structure.
#美联储加息是否已成定局 #黄金
Rate-hike expectations have already been largely priced in in advance. A rate hike does not necessarily mean gold will fall. The key focus is the description of the subsequent interest-rate path after the decision.
Before the decision is released, it’s not suitable to take a heavy one-sided position. In the white session, price action is more about washing the market; the larger volatility is concentrated between 2:00 and 2:30 a.m.
In the evening’s “yoga” session, the outlook was laid out: first, glance toward above 4370; from there, look for downside below 4280; finally, there will be a rebound and correction, forming a deep-V structure.
#美联储加息是否已成定局 #黄金