117
Hello Traders,

What a ride the FOMC gave us! 🎢
Gold came within just $3 (60 pips) of our first target — so close!

The FOMC drop sent price from $3707 → $3628, where buyers stepped in around the $3625–$3635 demand pocket, defending the structure above the Higher Low at $3612.

Since then, gold has been trying to stabilize… but remains capped under the First Cap supply zone at $3685–$3695.
Price is now coiled between strong resistance above and layered demand below — setting up for the next big breakout (or breakdown).

So the question is:
What’s your next target for gold?
Eyeing $3713... or looking beyond at $3756?

This week, we zoom out to the weekly chart to get a clearer view:
Price broke structure at $3480, entered premium territory, and is now testing a key supply zone.

👉 Will gold smash through $3730 and print new highs?
👉 Or is this where supply takes control and drives us lower?

Drop your thoughts below 👇
Let’s dive in and see what the charts are telling us this week 📊

🟡 GOLD PRICE ACTION SUMMARY
✅ Overall Bias: Bullish, but at a major resistance zone

🔸 WEEKLY
Trend: Strong bullish (BOS at 3480)
Current Zone: Inside key resistance at 3680–3730
🔼 Bullish above 3730 → Targets: 3800 → 3920 → 4000
🔽 Rejection → Pullback toward 3370 or deeper to 3050

🔸 DAILY
Structure: Bullish
Resistance: 3675–3705 (active supply)
🔼 Break above 3705 → Targets: 3755 → 3810 → 3865
🔽 Rejection → Drop toward 3580 → 3500

🔸 H4
Key Resistance: 3675–3695 (Ceiling Block), 3707 (weak high)
🔼 Break above 3707 → 3750 → 3840 → 391
🔽 Failure at resistance → 3625 → 3575 → 3545

🔸 H1
Resistance Levels: 3685–3707
Support Zones: 3665 → 3645 → 3625 → 3612
🔼 Break & hold above 3707 → 3725 → 3745
🔽 Breakdown below 3665 → 3635 → 3575 → 3530

📌 Key Decision Zones
🔁 3685–3707 = Make-or-break resistance zone
🛡 3625–3635 = Critical FOMC support block
💣 Lose 3612 HL → shifts momentum bearish short-term

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน