Federal Reserve (FED) news

The Federal Reserve (FED) is the central banking system in the US. It manages monetary policy to maintain price stability and promote maximum employment. It primarily uses the federal funds rate and open market operations to influence interest rates and the money supply, impacting the US economy and global markets. It also provides forward guidance to shape market expectations.

Chart alert: Gold (XAU/USD) rally faces roadblock at 20-day and 50-day moving averages
Gold (XAU/USD) surged 3% as easing US–Iran tensions and expectations of a more dovish Federal Reserve weakened the US dollar. However, the rally is facing resistance near the 20-day and 50-day moving averages, while firm US real yields continue to cap upside momentum. Technical indicators suggest bullish momentum is fading, with bearish divergence on RSI and resistance at 4,775 remaining a key hurdle. Traders are now watching whether gold can sustain gains or resume its broader correction.
by Kelvin Wong
Gold_Bars_Stack
OrganisationNAFTA_Flags
1 2 30