The XAUUSD Chart Technical Outlook gold price has managed to surpass $1,990.00 after a recovery move as investors anticipate neutral guidance from Fed.
Market mood is upbeat as investors digested fears of recession and shifted focus to outperformance from US tech stocks.
Gold price is inside the woods for the past week in a range of $1,974.08-2,014.22, indicating a volatility contraction.
