Gold (XAU/USD) experienced a slight decline on Wednesday as traders remain cautious ahead of the Federal Reserve's interest rate announcement. The price action has been confined within a recent consolidation zone, with XAU/USD currently trading around $4,200, down from an earlier peak of $4,218.
Market participants are closely monitoring the Fed's policy decision, weighing its potential impact on the dollar and broader trading sentiment. As the central bank deliberates, fluctuations in the exchange rate could influence safe-haven demand for gold, underscoring its role amid economic uncertainty.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-10 12:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.