$XAU | Fed Reaction ๐
The Fed delivered a 25 bps rate hike, keeping the focus on persistent inflation and tighter monetary policy. Gold initially moved higher toward the 4,350 area, but sellers stepped in after the decision and guidance.
XAUUSD rejected the 4,350 zone and moved sharply lower toward 4,250. The market remains highly volatile, so the next move will depend on USD strength, Treasury yields, and further Fed signals.
Key area: 4,350 resistance | 4,250 support
Personal market analysis not financial advice. DYOR.
$XAU
#FedRateWatch #XAU #FEDDATA
The Fed delivered a 25 bps rate hike, keeping the focus on persistent inflation and tighter monetary policy. Gold initially moved higher toward the 4,350 area, but sellers stepped in after the decision and guidance.
XAUUSD rejected the 4,350 zone and moved sharply lower toward 4,250. The market remains highly volatile, so the next move will depend on USD strength, Treasury yields, and further Fed signals.
Key area: 4,350 resistance | 4,250 support
Personal market analysis not financial advice. DYOR.
$XAU
#FedRateWatch #XAU #FEDDATA
