Currently, gold price (XAU/USD) shows a mild negative trend, continuing for the second consecutive day, falling just below the $2,900 mark. Despite these fluctuations, the price lacks significant selling pressure. The recent hawkish remarks from the Federal Reserve Chair Jerome Powell could undermine commodity prices. Investors must assess how these developments could affect gold investments and strategies moving forward. Staying attuned to market responses will be essential for informed trading decisions.