XAU fell slightly on the news
Updated
Gold fell slightly ahead of the Federal Open Market Committee (FOMC) meeting minutes.
is trading lower on Wednesday after retreating from a record high set on Monday. Federal Reserve (Fed) officials warned that the central bank needs more convincing evidence that inflation is easing before it can start cutting interest rates.
Gold's decline may be limited due to escalating US-China trade tensions, geopolitical tensions in the Middle East and strong demand from central banks and Asian buyers
is trading lower on Wednesday after retreating from a record high set on Monday. Federal Reserve (Fed) officials warned that the central bank needs more convincing evidence that inflation is easing before it can start cutting interest rates.
Gold's decline may be limited due to escalating US-China trade tensions, geopolitical tensions in the Middle East and strong demand from central banks and Asian buyers
Note
BUY 2413SL ;2403
Note
Running + 20 pips
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.