Gold Price Forecast: XAU/USD stays firmer above $1800 after Fed showdown

The yellow metal showed no major reaction to the Federal Open Market Committee statement.

Moving on, gold traders will keep their eyes on the preliminary readings of US Q2 GDP, expected 8.6% annualized versus 6.4% prior, for fresh impulse.

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As widely expected, the FOMC did not make any major policy changes at today’s meeting.

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