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Fed interest rate announcement 7/31 and gold

KindaNewishKindaNewish Posts: 827 ✭✭✭✭✭

Currently at @$1430
My predictions:

No rate cut, no clear guidance = $1250

.25 rate cut, no clear guidance = $1350

.25 rate cut, dovish guidance = $1400

.25 rate cut, hawkish guidance = $1300

.50 rate cut, nobody reads the rest of the story = $1500 + 5 to 10% each day for the next week or two.

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