Gold Price Breakout Needs Confirmation, FOMC Eyed

<div><img width="717" height="482" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png" class="type:primaryImage wp-post-image" alt="Gold price analysis" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png 717w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-300×202.png 300w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-150×101.png 150w" sizes="(max-width: 717px) 100vw, 717px" /></div>
<p>XAU/USD is bullish as long as it stays above the lower median line. The US data should bring high action today. A new higher high activates further growth. The gold price extended its growth, reaching $2,040 today. Now, the precious metal has retreated a little and is trading at $2,035 at the time of writing….</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/30/gold-price-breakout-needs-confirmation-fomc-eyed/">Gold Price Breakout Needs Confirmation, FOMC Eyed</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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