The Fed appears to be losing street cred with respect to any rate increase this year, and that will likely be problematic for the regular morning U.S. paper gold slam-downs. I'm guessing most FOMC members will be feverishly jawboning a fictitious rate hike agenda for the balance of the 2016 fiscal fantasy tour.
I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!