Prop firm news

Ahead of the Fed decision, the dollar index is at a two-week high, while Gold failed to hold $4,000

XAU/USD is fluctuating around $4,000 on Tuesday and has already dipped below it, despite easing US rate expectations. Trading is taking place near $4,012, slightly above last week's three-month low of $3,975.

The market expects a Fed rate hike, and the gold price has fallen below $4,100 - a one-week low

Overnight into Thursday, XAU/USD lost about 1% and moved to $4,095 - a one-week low. The reason is unusual: the market expects not a cut but a Fed rate hike in December, and money is leaving the metal that pays no interest.