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macroJun 18, 2026, 4:49 AM

Gold Faces Credibility Test After Hawkish Fed

Gold enters the European session trading near key resistance levels after a volatile reaction to the Federal Reserve's hawkish stance.

XAUUSD

Gold is undergoing a credibility test as a hawkish Federal Reserve reshapes market expectations.

The metal entered the European session following a volatile reaction to the Fed's decision, ultimately trading near key resistance levels rather than extending gains.

Source: FXStreet Forex News