Gold Price Forecast: XAU/USD to target $1,675 if the Fed changes course Gold XAUUSD Fed
Gold could resume its broader downtrend on a hawkish surprise
“The renewed downside will open up if Fed Chair Jerome Powell maintains that there is a need for more aggressive rate increases to contain inflation. However, that seems to be a remote possibility .” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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