Gold(XAU) plunged back into the 1,770$ in the day immediately ager the June FOMC economic projection were release, the market delivered a sobering reminder to investor and analysts that the path to new high is almost never smooth. Despite the recents selloff.
Despite the FOMC dot plot shifted hike expectation forward to 2023 with many trader expecting a much earlier tightening and that chair power has started the process of preparing markets for QE tapering, we believe the yellow metal is still in a position which make a return to 1,990$.
So it the time you can Prepare Your time to Trade in XAU/USD

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