7:39 PM · 16 June 2021

Gold fell sharply after Fed decision

Potential higher interest rates and a reduction in liquidity through a higher IOER (although the increase is only symbolic) is slightly negative news for gold, at least in the very short term. For several minutes, gold lost 1.5%. It can be seen that the failure to establish a new peak on June 11 led to a stronger downward move, which is now continued and price broke below the 23.6 Fibonacci retracement of the last upward wave. The nearest support is located near the 38.2 retracement, while the key support can be found at 1,795 per ounce.

GOLD, H1 interval. Source: xStation5

25 August 2026, 7:04 AM

Ecnomic Calendar: Key German Data and the US Housing Market

25 August 2026, 6:31 AM

Morning Wrap: Strong Crypto, Weaker Nasdaq and Another Chapter in the US–Canada Trade War

24 August 2026, 6:59 PM

Daily Summary: Modest declines ahead of Jackson Hole and Nvidia

24 August 2026, 5:54 PM

US-Canada trade conflict escalates

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits