XAUUSD : Gold reached its peak and returned to the

The Fed meeting minutes show that there will be no interest rate cuts in the near future. The Fed is concerned that inflation is still high and the Fed's target will bring inflation back to 2%. When discussing policy prospects, many people believe that monetary policy needs to be restrictive enough to bring inflation back to the 2% target. The Fed's interest rates are currently in the 5.25-5.5% range, the highest level in the past 22 years. Currently the market speculates that the Fed has …