FOMC News Release Today Where Does Gold will MoveXAUUSD/GOLD According to the Gold Market will Fall more because of FOMC News Release in he Gold market so Market Condition is High In news time.
If the FOMC Signals a more hawkish stance Continuing or increasing interest Rates it might lead to a strengthening of the US Dollar and the Pressure on the Gold prices as Higher interest rates tend to make gold less attractive Compared to other investment.
Based on the Price of Gold will fall more Support 2610 to 2600 expecting the Bearish Trend in FOMC News. These are Structure Of FOMC News Reaction.
You Can see more details in the details in the chart Plz support with like and comments for more insights Thanks Dear Traders.