š° Gold Alert: $XAU Reclaiming Momentum! š
The signal confirms that Gold ($XAU/USD) has successfully reclaimed the $4,218 level, indicating a strong shift in momentum to the upside after the Fed's recent policy actions.
š Market Context Check
Current Price: The price of Gold is actively trading right around $4,215 ā $4,219 (confirmed by multiple search results, with futures around $4,245), validating that the market is currently in the entry zone.
Fundamental Driver: Gold is currently being powered by expectations of lower interest rates in the future (the Fed's signal of a cautious outlook), which supports non-yielding assets like Gold
