Gold prices currently trade below the 50-day moving average at 3349.70. All eyes are on Jerome Powell’s upcoming speech at Jackson Hole and the release of the Fed minutes. If gold breaks above the resistance level of 3353.58, it could signal a potential rally and trigger gains among traders. As the market anticipates Powell’s statement, traders are cautiously evaluating the implications for gold and the broader economy. Investors expect significant insights that could influence monetary policy and impact gold prices in the near term. Keep a close watch on market reactions as volatility is expected leading up to the events. More details and forecasts can be found at entreprenerdly.com.