Why Is Gold Falling? Gold Price Risk Crash to $3,400

Hawkish Federal Reserve hold expected (CME FedWatch 99.5% probability of unchanged 3.50%–3.75% rates), with a firmer U.S. dollar (index above 98.5) and rising Treasury yields (around 4.3%–4.4%) pushing real yields higher Perigon signal context: impact negative, driver macroeconomic.