Is It Time to Sell Your Gold? Fed Rate Hike In Highlights

The violation of $1,294 can lead gold prices towards $1,289 and $1,281. Whereas, the bullish breakout will open a room for buying until $1,307 and $1,317 today. Investors will be watching very closely to see if there’s any forward guidance that will intimate a possible fourth rate hike into the year-end.
Chart PatternsfedfxleadersGoldTechnical IndicatorsinterestinterestratehikeTechnical AnalysisTrend AnalysisXAUUSD

Disclaimer