Gold price hangs near one-week low, looks to Fed decision on Wednesday for fresh impetus

Gold price struggles to capitalize on the previous day's bounce from the $2,145 region and oscillates in a range during the Asian session on Tuesday. Hawkish Fed expectations, elevated US bond yields and a bullish USD cap the upside.

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GBP/USD attracts some sellers below the mid-1.2700s, all eyes on Fed, BoE rate decision

The GBP/USD pair remains under some selling pressure during the early Asian session on Tuesday. The uptick in the US Dollar above 103.50 and higher US yields provide some support to the major pair. Markets turn cautious ahead of the central bank meetings, including the Federal Reserve and Bank of England interest rate decisions.

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Gold starts the Fed week on the defensive, where next?

Gold price is looking to extend the previous week’s downtrend, sitting at weekly lows near $2,150 in Asian trading on Monday. An upbeat market mood combined with the US Dollar consolidating its upside alongside the US Treasury bond yields is boding ill for Gold at the start of a big central banks’ week.

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Gold primed for a Bull Pennant, pre-Fed profit-taking

Gold price is consolidating weekly losses near $2,160 early Friday, as risk sentiment remains sour and keeps the US Dollar underpinned. XAU/USD traders remain wary and refrain from placing fresh positional bets, as the focus shifts to next week’s US Federal Reserve monetary policy announcements.

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