Gold Pauses Below $4,000 as Markets Digest Hawkish Fed Tone🔍 Market Context
Gold struggles to find direction in early Asia, hovering just below the $4,000 psychological level after the Fed’s hawkish remarks dampened bullish momentum.
Chair Jerome Powell reaffirmed that another rate cut this year is “not a given”, keeping yields supported and safe-haven demand balanced.
Meanwhile, ISM Manufacturing PMI fell to 48.7, signalling cooling momentum but not enough to alter the Fed’s cautious stance.
With odds of a December rate cut near 70%, gold remains trapped between policy uncertainty and soft macro sentiment.
📊 Technical Outlook (H1–H4)
Price is consolidating within a tight structure between 3,963$ and 4,024$, showing compression before a potential expansion move.
The 3,984$–3,963$ zone acts as short-term liquidity support, aligning with the rising intraday trendline.
Key Levels
• 💎 Liquidity Support: 3,963$ – 3,984$
• 🎯 Immediate Resistance: 4,024$
• ⚙️ Bullish Target: 4,046$ (liquidity sweep + expansion zone)
• ⚠️ Invalidation: Below 3,923$, bias shifts to neutral
A clean breakout above 4,024$ could trigger a move toward 4,046$, while failure to hold above 3,963$ may invite another liquidity grab before buyers re-enter.
🎯 MMFLOW View
Smart money remains patient.
As long as 3,963$ holds, dips are seen as accumulation rather than weakness.
But conviction only returns when liquidity confirms above 4,024$ — that’s where momentum aligns with intent.
⚜️ MMFLOW Insight:
“Liquidity doesn’t chase price — it creates the path for it.”
