GOLD | Bullish Momentum Builds Ahead of Fed Decision – Key Range Between 3349 and 3312
Fundamental Insight:
Gold is slightly higher as the U.S. dollar weakens ahead of the Fed’s rate decision. Markets await signals on future policy, which could drive sharp moves in gold.
Technical Outlook:
Gold remains bullish while above 3320, with upside potential toward 3349.
A 1H close above 3349 confirms breakout momentum, opening the path toward 3374, and potentially 3401.
A break below 3320, especially below 3312, would invalidate the bullish setup and trigger downside toward 3285, then 3256.
Currently range-bound between 3349 and 3312 — watch for breakout confirmation to determine the next trend direction.
Key Levels:
• Support: 3320 – 3285 – 3256
• Resistance: 3349, 3374 – 3401
Bias: Bullish above 3320
📍 Watch Fed volatility – breakout expected soon
Fundamental Insight:
Gold is slightly higher as the U.S. dollar weakens ahead of the Fed’s rate decision. Markets await signals on future policy, which could drive sharp moves in gold.
Technical Outlook:
Gold remains bullish while above 3320, with upside potential toward 3349.
A 1H close above 3349 confirms breakout momentum, opening the path toward 3374, and potentially 3401.
A break below 3320, especially below 3312, would invalidate the bullish setup and trigger downside toward 3285, then 3256.
Currently range-bound between 3349 and 3312 — watch for breakout confirmation to determine the next trend direction.
Key Levels:
• Support: 3320 – 3285 – 3256
• Resistance: 3349, 3374 – 3401
Bias: Bullish above 3320
📍 Watch Fed volatility – breakout expected soon
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Pubblicazioni correlate
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.