Gold; flag "waved" overnight; had alert set & was going to have a little punt BUT 1 am alert went off (false break) and real BO happened at 5am with US Rate announcements. I was sound asleep then (& history tells me trying to trade the huge USA eco announcements impossible for me)
And this extract from "Chris Weston The Daily Fix" newsletter a good summary of ON macro- eco news;
Trader Insights – a tolerant Fed is a green light to the bulls We move past the FOMC meeting and marquee landmine for the week, and the broad collective heard what it wanted to hear - the Fed are tolerant of inflation and despite two hotter CPI prints, not much has changed in their thinking.
The Brains Trust - 2024, page-653
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