Gold Forecast: XAU/USD buyers bide time before the next push higher

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Gold Forecast: XAU/USD buyers bide time before the next push higher
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Gold price is keeping its range play intact at around $2,500 early Tuesday, within striking distance of the all-time highs at $2,510.

Gold price battles $2,500 early Tuesday, as buyers gather pace amid souring risk sentiment. The US Dollar struggles with US Treasury bond yields on dovish Fed expectations. The focus remains on Wednesday’s

Minutes Minutes are released by the Board of Governors of the Federal Reserve and are a clear guide to the future US interest rate policy. Read more. Next release: Wed Aug 21, 2024 18:00 Frequency: Irregular Consensus: - Previous: - Source: Federal Reserve Why it matters to traders? Minutes of the Federal Open Market Committee is usually published three weeks after the day of the policy decision. Investors look for clues regarding the policy outlook in this publication alongside the vote split.

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