XAUUSD: Gold Price Plunges Below Key Support as Market Awaits Fed Guidance
Over the past three trading days, XAUUSD (gold price) has experienced sharp volatility, plunging from around $5,006 on March 16 to close near $4,825 yesterday, marking a drop of over 3%. This downtrend is mainly driven by rising oil prices testing new highs amid geopolitical tensions and a cautious market awaiting the Federal Reserve’s upcoming rate decision. For investors, gold falling below the crucial $5,000 mark signals a cooling of safe-haven demand and increased uncertainty over futu

















