Gold Spot / U.S. Dollar
Short
Updated

short term downtrend! sell gold 3379

176
Plan XAU day: 19 June 2025

Related Information:!!!

Gold prices show minimal gains as the Asian session begins, following the Fed’s decision to maintain rates while indicating they are still considering two rate cuts. Meanwhile, US President Donald Trump’s comments on Iran triggered a pullback toward a weekly low of $3,362 before settling at around current levels. XAU/USD is trading at $3,375, up 0.19%.

On Wednesday, the Fed kept rates unchanged as expected and updated its economic projections for the United States (US). The median forecasts suggest that Gross Domestic Product (GDP) will be lower than in March’s projections, while the unemployment rate is expected to rise slightly. Inflation is likely to end around the 3% level, and the Federal Funds Rate forecast indicates policymakers are anticipating 50 basis points of easing

personal opinion:!!!

Gold price confirms downtrend in Asian session, price zone 3379 following downtrend line

Important price zone to consider : !!!

SELL point: 3379 zone

Sustainable trading to beat the market
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Great : 3379 SELL zone ( has 190 pips )

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