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XAU/USD – Price Analysis and Forecast: Gold Prices Remain Stable Ahead of the FOMC Interest Rate Decision
Gold (XAU/USD) is showing moderate intraday
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Gold (XAU/USD) is showing moderate intraday gains, gradually moving above the 200-day EMA. As the US dollar has pulled back from its two-week high, this has provided some additional support for the precious metal. However, traders appear to be taking a wait-and-see approach, refraining from opening large directional positions ahead of key events related to central bank decisions.Today, the September meeting of the US Federal Reserve will conclude, and analysts expect a 25-basis-point interest rate hike. The main focus should
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