Gold Price Outlook: FOMC Rate Decision May Ignite XAU/USD Uptrend
September 12, 2020 at 18:00 PM EDT
After ballooning over $3 trillion over three months and peaking on June 10 at $7.17 trillion, the Fed’s balance sheet has noticeably plateaued over the last 12 weeks and could be major factor behind the recent consolidation seen in gold prices.