Gold has been consolidating just below its all-time highs as traders await the Fed’s rate decision tomorrow.
Key levels on my chart:
Resistance: ATH 3737.5 → 3749.8 (DH)
Support: 3715.2 (WH) → 3711.6 (DL)
If the Fed cuts rates more aggressively than expected, Gold could break higher and run liquidity above 3750. On the flip side, a smaller cut or hawkish tone could give the dollar strength, driving Gold lower — first target 3700 → 3680.
I’m staying cautious during Asia and London, expecting chop until NY session. My focus will be on how price reacts after the announcement — that’s where the cleaner opportunities should come.
Patience is key here — the real move is still loading.
Key levels on my chart:
Resistance: ATH 3737.5 → 3749.8 (DH)
Support: 3715.2 (WH) → 3711.6 (DL)
If the Fed cuts rates more aggressively than expected, Gold could break higher and run liquidity above 3750. On the flip side, a smaller cut or hawkish tone could give the dollar strength, driving Gold lower — first target 3700 → 3680.
I’m staying cautious during Asia and London, expecting chop until NY session. My focus will be on how price reacts after the announcement — that’s where the cleaner opportunities should come.
Patience is key here — the real move is still loading.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.