GOLD - after the FOMC Meeting

١٤ يونيو ٢٠٢٣

XAUUSD holds on to modest intraday gains, trading within familiar levels in the $1,950 price zone. Investors' mood improved these days, following United States (US) inflation-related figures supporting a dovish Federal Reserve (Fed).

The daily chart for the XAU/USD pair shows it holds on to most of its intraday gains. Currently, gold is approaching the end of the price wedge. I am waiting for an upward attack of gold