Key Points:Gold rises above $3,288 as traders price in a 74% chance of a Fed rate cut by September amid cooling U.S. data.Silver trades near $36.16, with price capped below the 50-EMA; direction hinges on Fed policy clarity and volume breakout.U.S. personal income dropped 0.4% in May—the sharpest since 2021—reinforcing bets on a dovish Fed policy shift.Market OverviewGold (XAU/USD) moved above $3,288 during Monday’s Asian session, supported by growing expectations that the Federal Reserve may op