Big Day for Gold?
I am expecting gold to rise to $1850 level today as the USD continues its decline and Euro accelerates!
My only conern is what will the fed say today! Everytime in the past several months whenever Jerome Powell speaks the market and Gold has tanked.
We are long way off from getting stimulus and the fed knows this so will be interesting to see if they offer additonal quantitive easing or they just talk up the need for stimulus. If so look for gold and the market to to take a dump again!
Any opinions on what the fed will anounce today?