XAU/USD UPDATE
👉 Gold continues to trade below the 4,600 USD area during the Asian session as traders remain cautious ahead of the highly anticipated FOMC policy decision scheduled later today.
👉 Market attention will mainly focus on the post-meeting press conference, where comments from outgoing Federal Reserve Chairman Jerome Powell will be closely watched for further clues regarding the future direction of monetary policy.
👉 At the same time, ongoing tensions and the deadlock between the US and Iran continue to support the US Dollar as a safe-haven asset, limiting upside momentum for gold in the short term.
📌 Technical Outlook
👉 Gold continues to show a bearish structure after repeatedly consolidating and breaking toward lower price zones.
👉 EMA 34, EMA 89, and EMA 200 are all sloping downward, confirming that selling pressure remains dominant.
Resistance zones: 4600–4605 ; 4665–4670
Support zones: 4545–4548 ; 4498–4503
Market structure remains bearish in the short term🔽
📊 Personal Bias
👉 At this stage, the market still favors a bearish-to-sideway scenario ahead of the FOMC decision.
👉 As long as price remains below the 4605 resistance zone, gold is likely to continue moving within a consolidation range between 4605 and 4555 throughout today’s session.
👉 However, volatility may increase sharply before the news release, and the market could extend losses toward the 4500 area if bearish momentum accelerates further.
🔥 Bias Today: SIDEWAY → BEARISH
👉 Gold continues to trade below the 4,600 USD area during the Asian session as traders remain cautious ahead of the highly anticipated FOMC policy decision scheduled later today.
👉 Market attention will mainly focus on the post-meeting press conference, where comments from outgoing Federal Reserve Chairman Jerome Powell will be closely watched for further clues regarding the future direction of monetary policy.
👉 At the same time, ongoing tensions and the deadlock between the US and Iran continue to support the US Dollar as a safe-haven asset, limiting upside momentum for gold in the short term.
📌 Technical Outlook
👉 Gold continues to show a bearish structure after repeatedly consolidating and breaking toward lower price zones.
👉 EMA 34, EMA 89, and EMA 200 are all sloping downward, confirming that selling pressure remains dominant.
Resistance zones: 4600–4605 ; 4665–4670
Support zones: 4545–4548 ; 4498–4503
Market structure remains bearish in the short term🔽
📊 Personal Bias
👉 At this stage, the market still favors a bearish-to-sideway scenario ahead of the FOMC decision.
👉 As long as price remains below the 4605 resistance zone, gold is likely to continue moving within a consolidation range between 4605 and 4555 throughout today’s session.
👉 However, volatility may increase sharply before the news release, and the market could extend losses toward the 4500 area if bearish momentum accelerates further.
🔥 Bias Today: SIDEWAY → BEARISH
עסקה פעילה
the plan still on track עסקה סגורה: היעד הושג
complete the original plan
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.