XAU/USD Buying levelsthese all buying levels as per my expectations, because fundamental's factors will push gold like FED rate cut news....
Summary of the News (Professional & Clear):
This data release is important because:
1. Fed’s focus: Core PCE is the most important inflation metric for the Federal Reserve’s policy decisions.
2. Market expectations: Despite this uptick, markets broadly expect the Fed to cut interest rates by 25 bps in September.
3. Key drivers: Services inflation accelerated, while food and energy remained weak. Personal spending is forecast to rise 0.5%, showing consumer resilience.
4. Policy signals: At Jackson Hole, Fed Chair Jerome Powell kept a dovish tone, acknowledging risks to the labor market and suggesting tariff-driven inflation pressures could be temporary.
📌 Implication for Markets:
* If Core PCE comes in above 2.9% → Fed rate cut expectations may weaken → USD bullish, Gold bearish.
* If Core PCE comes in below forecast (≤2.8%) → Rate cut bets strengthen → USD bearish, Gold bullish
Recommendation This release is high-impact. Traders should expect volatility in USD pairs, Gold (XAU/USD), and US yields.
