Gold Holds Steady Ahead of Central Bank Decisions and Economic..

Gold stabilized around $1,960 per ounce on Monday, with investors anticipating interest rate decisions from major central banks in the coming week.

The US Federal Reserve is expected to implement a 25 basis point interest rate hike on Wednesday, and market participants will closely monitor Fed Chair Jerome Powell's post-meeting remarks for insights into the central bank's future plans.

Additionally, the European Central Bank is likely to raise rates by another quarter-point on Thursday, while the Bank of Japan is expected to maintain its ultra-low interest rate policy unchanged on Friday.

Furthermore, market focus remains on the Fed-preferred PCE inflation gauge and the advance estimate of Q2 GDP growth in the US, both scheduled for release this week.

XAUUSD SELL 1965- 1967💯💯

✅ TP1: 1959
✅ TP2: 1952

🛑 SL: 1970
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