The XAU / USD pair is growing moderately during the trading session on Wednesday. Since the opening of the day, gold has added 0.3% and is trading at $ 1,736 per troy ounce.

The focus of traders' attention is the Fed meeting, the results of which will be summed up at 21:00 Moscow time. Considering that this event can have a significant impact on the US currency rate, traders prefer not to rush to open new positions. The main question, especially for gold, will be what the central bank's expectations are for interest rate hikes. Recall that the current yield on 10-year US government bonds is 60 basis points higher than at the time of the Fed's December meeting, which implies a rate hike in late 2022, although the central bank does not plan to tighten monetary policy until the end of 2023.

What stocks should investors buy today? Investment trading idea 05.03.2021 shares of Adobe Systems Inc (NASDAQ)

Analytics for Adobe Systems Inc stock based on modified wave analysis, support and resistance levels, and price channels.

#ADBE

The general trend of Adobe Systems Inc shares is upward. The descending wave structure is truncated. A Bullish Divergence is forming on the Awesome Oscillator, and the Stochastic Oscillator is signaling oversold.

What promotions can you earn today! Trading idea for foreign investors 03/04/2021 to invest in shares of Colgate-Palmolive Company (NYSE)

Colgate-Palmolive Company stock analytics based on modified wave analysis, support and resistance levels, and price channels. #CL

The general trend of Colgate-Palmolive Company shares is upward. A Bullish Divergence is forming on the Awesome Oscillator, and the Stochastic Oscillator signals that Colgate-Palmolive Company shares are oversold.

The American currency index (DXY) fell sharply during the trading session on Tuesday and, having lost 0.32% in a day, closed the day at 90.76.

In recent weeks, investors have been closely monitoring the yield on 10-year government bonds, changes in which immediately affect the dynamics of the dollar. On Tuesday, the yield on 10-year US government bonds fell to 1.413%, which sent the dollar into a justified correction.