Gold with a second consecutive decline, after the appreciation of the dollar

Gold fell for a second consecutive session on Tuesday after the dollar gained, and interest rates on US bonds rose. Meanwhile, investor's attention is almost entirely focused on the Fed's forthcoming decision and Fed guidelines on interest rates at the end of the two-day meeting that begins today.
The spot price of gold fell 0.3 percent to 1 335.93 dollars per ounce after yesterday lost 0.7 percent of its value. Since the beginning of the month, gold has appreciated by 2.5%, mainly due to the weakness of the dollar.
It was the strengthening of the dollar, however, one of the main reasons for the rise in the price of gold and other precious metals.
Among market participants, there is an expectation that if the spot price of gold overcomes support at $1 335 per ounce, it may continue to fall to the next $1,316 key support.