XAUUSD 1D — Fed Turns Hawkish

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XAUUSD 1D — Fed Turns HawkishGoldOANDA:XAUUSDZak-Gold failed to reclaim 4,400 — and that rejection was the signal. Since that level gave way, price has dropped in two clean legs of −311 pts each (−6.87% / −7.38%), accelerating with volume confirmation. With the Fed removing its easing bias and hikes back on the table, the macro supports this move lower.