Reflecting China's determination to stimulate the economy to recover as targeted, while tonight following the US Federal Reserve (Fed) meeting, the market expects the Fed to maintain interest rates at 4.50% in May, which is consistent with the CME FedWatch Tool poll, which gives a weight of 95.6% expecting the Fed to maintain interest rates.
Domestic gold is still stuck at 52,500 baht. It is estimated that the trend may continue to rest. Therefore, it is still recommended to use a defensive strategy to wait to buy and accumulate from the support level of 49,000-50,000 baht. While chasing the price may require caution because the price is already high.
credit : สล็อต