Gold Hovered Near 2,000, But FOMC Minutes Weakened Bullish Momentum
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2019/04/f-gold44.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2019/04/f-gold44.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/04/f-gold44-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Gold (XAU) price rose by over 1% on Tuesday, breaching the critical 2,000 mark. Still, XAUUSD later declined as the FOMC minutes revealed officials’ restrictive monetary policy stance. Possible effects for traders The Federal Reserve (Fed) minutes had no hints of imminent interest rate cuts, but officials discussed a cautious approach to additional hikes. According […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/528490-gold-hovered-near-2000-but-fomc-minutes-weakened-bullish-momentum/">Gold Hovered Near 2,000, But FOMC Minutes Weakened Bullish Momentum</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>
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