đ„đ° Gold (XAUUSD) Takes a Massive Hit! Did the Fed, Trump & Xi Just Kill the Shine? đŁ
Over the past two weeks, gold has been under heavy pressure â and the reason? A perfect storm of a cautious Federal Reserve, improving U.S.âChina trade talks, and rising U.S. bond yields!
đ The Fed cut rates by 25 basis points â good news, right? But then the Fed Chair said:
> âAnother cut? Not anytime soon.â
Thatâs when the market flipped. Investors started selling gold, while improving trade signals â like China restarting U.S. soybean purchases and tariff talks easing â made the âsafe-haven demandâ vanish fast.
đ” Stronger dollar, higher bond yields, weaker gold.
Thatâs the current reality â and this week, gold is still down about 2% on a weekly basis.
đŹ Analysts are saying:
> âGold is in a âlost directionâ zone â upside momentum is weak, downside risk is more visible.â
â ïž Technical Alert: If this pressure continues, gold may retest its key support levels soon.
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đš FOMO Corner:
If gold falls further â is this a buying opportunity or the end of the $2000+ era? đ±
đ Comment below:
What do YOU think is the next big move for gold?
đč Going UP đ
đč Going DOWN đ