Rate cut probabilities getting priced in…
Is the pricing in of reduced chances of the next rate cut hindering Gold’s advance?
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Is the pricing in of reduced chances of the next rate cut hindering Gold’s advance?
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Now imagine if the odds of a cut start to increase once again? #Patience #Fear #Opportunity
It’s the 125-150 target that should of been high lighted… as the odds of getting that has decresed significantly in the last month.
In one month, went from 41% to 5% chances!