XAUUSD Gold Update: Sell the breakout

FED Minutes Released:

· Even if economic data is improving, there will be no recent changes in interest rates,

· Many FED members believe that the downward pressure in inflation is temporary,

· Some FED members said that if there is an upward pressure on inflation, interest rate hikes can be made,

· Some FED members do not have vote for any interest rate cuts even if inflation is below 2%.

· Trade wars between the US and China are not given much space in the minutes,

XAUUSD remains under bearish pressure.

As described on the chart.