#XAUUSD #gold Last week, the Federal Reserve implemented a 25-basis-point rate hike; the market engaged in "buying the rumor and selling the fact," causing gold

#XAUUSD #gold Last week, the Federal Reserve implemented a 25-basis-point rate hike; the market engaged in "buying the rumor and selling the fact," causing gold prices to dip to 4,234 before rebounding to test the 4,400 level. Despite the rate hike—a factor typically bearish for gold—prices rose; t…