Gold price uptrend remains intact even though the yellow metal dips slightly following the Fed’s decision. XAU/USD hit a daily low of $2,744, trimming some of its earlier losses, and it seems poised to form a ‘bullish harami’ candle pattern, which suggests that higher prices are expected.

Gold prices were steady on Wednesday as market participants were cautious ahead of the U.S. Federal Reserve's interest rate decision due later in the day, while also pondering the implications of President Donald Trump's trade policies.