Gold Prices Edge Up: Insights Before Fed Policy Decision
Gold price (XAU/USD) has shown a slight upward movement following a bounce from the $2,633 area, a significant one-week low. As buyers begin to enter the market, this increase raises questions about sustainability leading up to the important decisions from the Federal Reserve. Anticipations suggest that traders may prefer to hold off major moves until clearer trends emerge from the two-day FOMC policy meeting. The upcoming announcements pose crucial implications for the gold market.
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