Next week's key major event in the gold market—Thursday at 2:00 AM Federal Reserve interest rate decision!

On April 30th, the Federal Reserve FOMC interest rate decision + Powell's press conference will directly determine whether gold prices can break the current consolidation deadlock and establish a true trending market.
Currently, the market has mostly priced in unchanged interest rates, with the real focus of the game on the hawkish or dovish tone of the policy language:

• If a hawkish signal indicating persistent inflation and delaying rate cuts is released, gold is likely to face downward pressure;

• If an optimistic rate cut guidance is provided, gold prices will directly open up upward space.

Before the decision, market sentiment is cautious, and volatility is likely to increase. It is not recommended to blindly bet on the direction.
Be patient and wait for the news to be confirmed before following the trend, strictly control positions, set stop-losses, and manage risks properly. #Gold