Will the Fed signal a higher-for-longer message and sink gold?

From blog.hycmlab.com

Heading into Wednesday’s Federal Reserve meeting, short-term interest rate markets expect no change from the current level of 5.375%. So, the question is going to be if the Fed changes its forward rate guidance. Remember, we will get dot plot projections in this meeting and the last set of projections was expecting an interest rate hike this year. You can read the last Fed statement here too. This means the first area markets will be looking at is going to be whether or not the Federal Reserve still sees another interest rate hike this year? The data has certainly been strong enough over the last few weeks to ... (full story)