Its that time of the month once again; the FED will give their decision on interest rates. In other words, we will hear the fabricated story of no inflation among other FED garbage. They will continue their destruction of the Dollar and the middle class.
In the meantime, Gold, Silver and Platinum are naturally pulling back to support levels giving us an opportunity to add to our long position. We must remember that markets don’t go straight up or down. The key remains the same, in an uptrend we look for support to buy.
There is no doubt there will be a solid move in the metals today, the only question is the reaction to the FED announcement. We know that it will be more of the same, but we don’t know how the street will react. Either way it goes today, we will remain long and looking to buy.