Last night the U.S. Federal Reserve raised interest rates; $XAU gold is down slightly today, dipping to around 4,300. However, gold overall has still been strong this year.
Short-term plan: buy in batches when it drops to 4,000–4,200; sell in batches when it rebounds to above 4,600, and consider doing some swing trades—it’s quite attractive. Don’t chase prices up; wait for a pullback.
Short-term plan: buy in batches when it drops to 4,000–4,200; sell in batches when it rebounds to above 4,600, and consider doing some swing trades—it’s quite attractive. Don’t chase prices up; wait for a pullback.
