Gold @ XAUUSD FOMC aftermath

“Without price stability, the economy does not work for anyone,” said Powell.

0.75 basis points has been increased yesterday, it showed US FED aggressively want to curb the inflation.

Base on yesterday data Gold price looks like didnt show any positive outcome to change into bullish direction for quite sometime - probably until end of Q4/2022

Potential to re-buy again at 1654.05 area and sell back at 1687.81.