Gold prices are under intense selling pressure after the Bank of England, the Swiss National Bank, and the Federal Reserve all decided to keep interest rates elevated. This unified stance underscores persistent inflation concerns, driving up the opportunity cost of holding non-yielding assets like gold. As a result, investors rushed to take profits, sending XAUUSD down over 200 pips in just one session.
Adding fuel to the fire, the Fed’s latest monetary policy report to Congress warned that inflation could rise to 3% by year-end, higher than previous projections. Moreover, the Fed trimmed expectations for rate cuts in 2025 and beyond, signaling a longer road to policy easing.
🔎 What does this mean for gold's short-term outlook?
With high rates here to stay and the Fed's cautious stance, gold remains vulnerable to further downside in the near term. However, if upcoming U.S. economic data shows signs of significant weakness, gold may regain favor as a safe-haven asset.
At the time of writing, XAUUSD is trading around $3,347, a critical zone that may determine whether the current drop continues or finds a bottom.
Do you believe this dip will deepen—or is it a golden opportunity to buy the pullback? Share your thoughts below!
Adding fuel to the fire, the Fed’s latest monetary policy report to Congress warned that inflation could rise to 3% by year-end, higher than previous projections. Moreover, the Fed trimmed expectations for rate cuts in 2025 and beyond, signaling a longer road to policy easing.
🔎 What does this mean for gold's short-term outlook?
With high rates here to stay and the Fed's cautious stance, gold remains vulnerable to further downside in the near term. However, if upcoming U.S. economic data shows signs of significant weakness, gold may regain favor as a safe-haven asset.
At the time of writing, XAUUSD is trading around $3,347, a critical zone that may determine whether the current drop continues or finds a bottom.
Do you believe this dip will deepen—or is it a golden opportunity to buy the pullback? Share your thoughts below!
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+8WH4vfLxuwFlMjQ1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+8WH4vfLxuwFlMjQ1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.