roboforex Market Fundamental Analysis by RoboForex

[RBFX Support]

XAUUSD remains under pressure from the Fed: gold quotes may decline to 4,050 USD

XAUUSD partially recovered after yesterday’s decline, but hawkish Fed rhetoric continues to weigh on gold. The main scenario предполагает a break of support at 4,235 USD and a decline in quotes to 4,050 USD.

Gold forecast: key takeaways

• Hawkish Fed rhetoric is limiting XAUUSD’s recovery potential
• Gold is still trading in a downtrend
• A break of support at 4,235 USD may strengthen the bearish scenario and open the way for a decline in quotes

Fundamental analysis

Analysis of XAUUSD for 18 June 2026 shows that gold is recovering after yesterday’s decline against the backdrop of hawkish Fed rhetoric and is trading around 4,316 USD per ounce. Quotes received support from news of a temporary agreement between the US and Iran, which reduced tension around the Strait of Hormuz and led to a further decline in oil prices.

But the main factor for XAUUSD remains the Fed decision. The regulator left the rate unchanged at 3.75%, but the updated forecasts showed that almost half of Fed members allow for a rate increase by the end of the year.

RoboForex Market Analysis & Forex Forecasts

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team