Gold holds steady ahead of Fed meet, traders eye rate cut
Gold steadied Monday with spot at $3,641/oz and futures at $3,679, as investors await the Fed's policy decision. Markets price in a 96% chance of a 25 bps cut, with 2 more cuts expected this year. Bullion gained 1.6% last week on weak jobs data. Analysts see consolidation as a healthy move toward higher targets.Stocktwits sentiment on GLD is neutral.