Data Expectation - "FED Interest Rate Decision" DATE: 18-09-2024

Jai Shri Ram! http://www.fxlive.in/ Today is another major day for Financial Market because of "FED Interest Rate Decision" on late night. this time FED going to cut rate by 0.25 but market expecting rate cut by 0.50. if FED cut rate by 0.25 then tomorrow we can see some fall in XAUUSD below $2540 & $2510 but if FED cut rate by 0.50 then we can see another rise in XAUUSD up to $2606 & $2640. after rate cut decision FED release there statement and new trend will decide after FED's statement, we will build our position before evening session Regards The Market thinker MCX Commodity + NSE Equity and Forex Market