XAUUSD Gold will drop Trump cease fire plan in gaza The Fed lowered its benchmark rate by 25 basis points to a range of 4.00% to 4.25% on Wednesday, its first cut since December. Policymakers projected two additional cuts this year, but only one in 2026, underscoring a cautious stance.
Chair Jerome Powell said the reduction was a “risk-management cut” in response to softening labor market conditions and elevated employment risks.
He stressed that decisions would now be taken on a meeting-by-meeting basis, a signal that aggressive easing was unlikely.
“They think three more cuts will be enough to boost growth and prompt a revival in the jobs market, but the market is sceptical,” ING analysts said.
The US Dollar Index rose 0.3% on Thursday, recovering from a 3-1/2 year low hit in the last session, making bullion more expensive for holders of other currencies. Idea: 5th Wave bullish continuation buying activity at 3700 some pips up down
XAUUSD Well, Goldie gave me that 70 short option after all...let's see how it goes, not pushing much more than 50 pips for target and moving to b/e asap...
XAUUSD Gold (XAUUSD) is showing resilience near the 3860 support zone after recent dips. Buyers are stepping in, indicating potential upside momentum if this level holds.
✅ Above 3866 → bullish bias may continue.
🔼 Next target zones: 3870 – 3880
⚠️ If 3866 breaks, we could see a correction toward 3860 – 3850
📌 This is an educational chart only, not financial advice. A disciplined risk management approach is always recommended.