Gold price forecast today: with gold holding at $3,380, could Fed signals and US-China trade talks ignite a breakout toward $3,434 or even $3,500?

Gold is holding near $3,380 as markets watch for major updates from the Federal Reserve and US-China trade talks. With investors pausing after a two-day rally, all eyes are now on whether today's Fed meeting or trade headlines will move the needle on prices. The market expects interest rates to stay steady, but any hint from Jerome Powell could shake things up. Meanwhile, trade tensions are easing—but risks remain. Gold bulls are eyeing a breakout toward $3,434 if momentum returns.