XAU/USD | Gold Prints New ATH at $3,685 – Rate Cut Rally Ahead?
By analyzing the gold chart on the 1-hour timeframe, we can see that the price broke the key $3,657 level, just as expected, and today it even printed a new ATH at an impressive $3,685! As you know, this week is the interest rate decision week, and markets are preparing for a rate cut — either 0.25% or 0.5%. Each scenario can have a different level of impact: a 0.5% cut could easily push gold above $3,700–$3,740.
Right now, gold is trading around $3,679. As long as it does not break and close below $3,674, we can expect some sideways movement followed by more upside, with the first target at $3,700. However, there’s also an important FVG (Fair Value Gap) between $3,664 and $3,674. If the first scenario fails, gold could sharply drop to fill this gap.
I hope this analysis was helpful for you — stay tuned for more setups based on this outlook!
Right now, gold is trading around $3,679. As long as it does not break and close below $3,674, we can expect some sideways movement followed by more upside, with the first target at $3,700. However, there’s also an important FVG (Fair Value Gap) between $3,664 and $3,674. If the first scenario fails, gold could sharply drop to fill this gap.
I hope this analysis was helpful for you — stay tuned for more setups based on this outlook!
İşlem aktif
By analyzing the gold chart on the 1-hour timeframe, we can see that the price moved exactly as expected over the past two sessions. After correcting down to $3,674, this key support level held strong and prevented further decline. From there, gold resumed its rally, reaching $3,699.44 and printing a new ATH. Currently, gold is trading around $3,695, with heavy volatility in this area. As long as the price holds above the $3,674–$3,684 zone, we can expect another bullish wave. The next possible upside targets are $3,707 and $3,717.İşlem kapandı: hedefe ulaştı
By analyzing the gold chart on the 1-hour timeframe, we can see that yesterday the price resumed its rally as expected, reaching $3,703 and printing another new ATH. After that, it corrected down to $3,678, where strong demand stepped in, pushing the price back up to $3,695.5. Currently, gold is trading around $3,685.With the Fed interest rate decision coming soon, I expect heavy volatility in both directions as liquidity gets swept before the next clear trend forms. Markets are already pricing in a 25 bps rate cut, so if that happens, the reaction may be limited. But if the cut is larger (50 bps), we could see a strong pump in gold. On the other hand, if no cut is announced, a sharp dump is likely.
Be careful with your trades and stay tuned for more updates!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
🚀 MondFX — our trusted Broker : bit.ly/MondFx
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
🚀 MondFX — our trusted Broker : bit.ly/MondFx
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.