Gold (XAUUSD) enters correction as investors await Trump’s decision
XAUUSD prices dropped to the 3,350 USD area on Friday amid a pause from President Trump regarding potential US military action against Iran. Discover more in our analysis for 20 June 2025.
XAUUSD forecast: key trading points
Market focus: gold declines as markets await Trump’s decision on Iran
Current trend: correcting downwards
XAUUSD forecast for 20 June 2025: 3,340 and 3,400
Fundamental analysis
The Federal Reserve held rates steady this week and signalled two rate cuts by year-end, although Chairman Jerome Powell warned that new tariffs could continue to push inflation higher. The Fed’s latest forecasts point to weaker growth, higher inflation, and lower employment in 2025.
Israel and Iran have continued to exchange strikes. Israel intensified attacks on strategic and government targets in Tehran following reports of an Iranian missile hitting a major hospital in Israel. Investors also focused on the White House, where President Donald Trump is weighing direct military intervention against Iran, with a decision expected within the next two weeks.
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