XAUUSD - Daily AnalysisGold vs US DollarPEPPERSTONE:XAUUSDtraders_networkThe Fed hiked rates by 25 basis points, sending gold down to $4,250. Price is now making a corrective move. If price breaks above the 0.5 Fib level, look for continuation to the upside, with the 0.5 Fib level potentially flipping from resistance to support. If price continues to decline, look for the 0.618 Fib level to act as support.