Gold Slips $20 as Fed Looks to Hike!

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/07/25091416/Market-Insights-4.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://assets.iorbex.com/blog/wp-content/uploads/2023/07/25091416/Market-Insights-4.png 750w, https://assets.iorbex.com/blog/wp-content/uploads/2023/07/25091416/Market-Insights-4-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div><p>The Gold rally appears to be losing some momentum ahead of the Fed’s next meeting.</p>
<p>It is widely expected that another hike in interest rates will be made, however, will this be the final time?</p>
<p>What is known that if it is a hawkish rise, then God could drop even further as the yellow metal remains under pressure.</p>
<p>Timestamps</p>
<p>XAUUSD 01:35</p>
<p>DXY 03:00</p>
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