XAU/USD
XAU reached ATH, with a slight impact from the FOMC. Fed Chairman Jerome Powell. The FOMC news was slightly hawkish because the interest rate was held and not in a rush. Gold remains a haven. Tension and worries have arisen from President Trump's application of tariffs.
Gold rises and remains bullish overall. There should be a pivot when the CPI comes out or at the next FOMC meeting in March. In the meantime, I'm seeing XAU rise to a new ATH and possibly reach 2850, 2900, or maybe 3000 if the CPI doesn't push the price down.
Gold rises and remains bullish overall. There should be a pivot when the CPI comes out or at the next FOMC meeting in March. In the meantime, I'm seeing XAU rise to a new ATH and possibly reach 2850, 2900, or maybe 3000 if the CPI doesn't push the price down.
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