Gold Holds Near $4,350 as Traders Await Fed Decision
Gold is trading near $4,350 in Asian trading, extending its five-day winning streak but remaining within a familiar range as markets await the Federal Reserve's monetary policy decision for direction.
XAUUSD
Gold (XAU/USD) is holding steady around $4,350 in Asian trading on Wednesday, marking a five-day winning streak. However, buyers appear to lack conviction, with the price stuck within this week's established range.
Market attention is firmly on the upcoming US Federal Reserve monetary policy decision, which is expected to provide the catalyst for a clear directional move. Until then, gold remains range-bound.
Source: FXStreet Forex News