(Kitco News) – The results of the midterm elections were decisive, but the future path of the dollar and gold still remains largely in the hands of the Federal Reserve and the President, according to John Weyer, co-director of commercial hedging at Walsh Trading.Weyer said that while the election removes some uncertainty from the market, it has no impact on the Federal Reserve, and precious metals traders will have to wait and see what the central bank does in December.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.