The latest FOMC decision has created a different macro backdrop for gold. The Federal Reserve raised the target range by 25bps to 3.75%–4.00%, while its September projections show a majority of policymakers still see another increase in 2026.

For GOLD, the focus now goes beyond the rate decision itself. Inflation, oil prices and upcoming CPI data could provide more clues about how persistent price pressures are and how the Fed's policy path may develop. BingX is one of the places I’m keeping GOLD on the watchlist.