Captain Vincent | Gold holds 3400, breakout or pullback next?”

FED turns dovish, Gold challenges a new Storm Breaker

1. News Wave 🌍

FED – Waller: “Tariffs are a kind of tax and do not increase inflation. I’m back with the ‘transitory team’ on inflation.”
👉 A clear dovish hint supporting a 25bps rate cut in September, with potential for 1–2 more cuts in the next 3–6 months.

US Senate: Hearing scheduled on Sept 4th for FED nominee S. Miran → Political–monetary spotlight.

Tonight: Market awaits PCE data, FED’s preferred inflation measure.

➡️ Summary: FED leaning dovish = mid-term bullish for Gold.
But short-term, Gold faces profit-taking pressure near resistance.

2. Technical Outlook ⚙️

On H1, Gold has repeatedly formed bullish BOS and crossed above 3,400.

Golden Harbor 🏝️ (Buy Zone 3375 – 3373): Large volume accumulation, aligned with FVG → Attractive entry if price pulls back.

Storm Breaker 🌊 (Sell Zone 3432 – 343x): At old ATH zone, high probability of supply pressure if tested.

Key Levels:

3,375 → Critical support “anchor”.
3,438 → Resistance target if bullish momentum continues.

3. Captain Vincent’s Map – Trade Scenarios 🪙

🔺 Golden Harbor 🏝️ (BUY Zone – Priority)

Entry: 3375 – 3373
SL: 3365
TP: 3378 → 3381 → 3384 → 3387 → 33xx

🔻 Storm Breaker 🌊 (SELL Zone – Old ATH Reaction)

Entry: 3432 – 343x
SL: 3442
TP: 3428 → 3425 → 3423 → 3420 → 33xx

4. Captain’s Note ⚓

"The Gold ship has sailed past 3400, but Storm Breaker 🌊 at 343x remains a tough challenge. If corrective waves appear, patiently wait at Golden Harbor 🏝️ to board for a more bullish September journey."