XAU/USD slips back as the post-Powell bounce fades
XAU/USD declined around 1.6% on Wednesday, falling from a session high near $4,610 to a session low of about $4,510 around the FOMC decision, then recovering to roughly $4,565 during Jerome Powell's press conference before slipping back to retest the $4,520 area and currently trading close to $4,534
XAU/USD declined around 1.6% on Wednesday, falling from a session high near $4,610 to a session low of about $4,510 around the FOMC decision, then recovering to roughly $4,565 during Jerome Powell's press conference before slipping back to retest the $4,520 area and currently trading close to $4,534
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