First U.S. interest rate cut from the Federal Reserve in 11 years.

Fed Chair Powell Explain Why He's Cutting Rates At Record High Stocks & Record Low Unemployment

The U.S. dollar index actually moved up (minipulated) and hit new highs for the year on the FOMC news. The yellow metal dropped to down around $10 on the day just after the FOMC statement.

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SideNote: It's obvious that the Feds want to control the price of Gold from climbing the chart quickly on interest rate cut news. They gotta keep that Gold fever in check. GRIM