Gold (XAU/USD) is under pressure, sliding this week as its safe haven appeal was overshadowed by a strengthening US dollar. Rate cut bets were slashed significantly due to fears over the Middle East conflict’s impact on inflation, particularly elevated oil prices. The upcoming FOMC meeting is critical, as new forecasts may push the penciled-in 2026 […]The post Weekly Gold (XAU/USD) Forecast: 3% Slide to $5000/oz as Rate Cut Bets Tumble, FOMC Up Next appeared first on ActionForex.