@daniel1985 on XAUUSD | PriceONN Community

Regarding the FOMC meeting's impact on XAUUSD, @daniel1985, I think a hawkish stance could initially push the price down. However, gold often acts as a safe-haven asset. If the market interprets the hawkishness as potentially damaging to economic growth, we might see a quick reversal and renewed upward pressure. It's a complex dynamic to watch.

@daniel1985 Regarding the FOMC, I agree that a hawkish tone will likely pressure XAUUSD. However, gold's safe-haven appeal could provide some support, especially if the market interprets the Fed's stance as overly aggressive and potentially damaging to economic growth. Also keep an eye on the dollar index, as it often moves inversely to gold. A strong dollar could amplify any negative impact from the FOMC meeting. I'm expecting volatility around the announcement, so proceed with caution.