XAUUSD Good morning people .. Gold is roaring again after reclaiming 4200. With the FOMC on deck today, the real show starts now Pre event volatility to build . The rate cut itself isn’t the story… Powell’s tone is. His speech will decide whether Gold extends higher through 4300 or forms an exhaustion triple-top around 4250–4265 depending on how hawkish or dovish he sounds.
Until then, for day trades, it’s buy-the-dip with tight stops. Trade safe.
A potential pullback zone after recent upward move
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🔹 STOP LOSS
📍 4,252.03 – 4,259.32
Placed above:
Major resistance block Channel breakout region Prevents invalidation of the bearish structure 🔹 TAKE PROFIT (TARGET) 📍 4,169.89 (EA Target Point)
Target aligns with: Lower boundary of channel A previous demand/support zone Approximately 49 points downside (-1.17%) 🔹 Price Projection The blue arrows on the chart show the expected movement: Price may retest the entry zone Then drop toward 4,169.89 Maintaining bearish momentum inside the channel 📉 Bias: BEARISH Structure, resistance rejection, and channel trend indicate further downside pressure unless price breaks above 4,252 (stop-loss zone). FCHF1!F11B1!FW201!FEUR1!
XAUUSD facing resistance at 4210 cmp 4205 again below 4200 bears will enter eyeing 4175 break and we continue to hold our 4000 3800 3700 view thereafter
XAUUSD Good morning people .. Gold is roaring again after reclaiming 4200. With the FOMC on deck today, the real show starts now Pre event volatility to build . The rate cut itself isn’t the story… Powell’s tone is. His speech will decide whether Gold extends higher through 4300 or forms an exhaustion triple-top around 4250–4265 depending on how hawkish or dovish he sounds.
