⚠️This week, all eyes are on the FOMC meeting on March 19, where the Federal Reserve will announce its interest rate decision and economic outlook. Gold remains in a bullish trend, but it has now reached a key resistance zone that could trigger a correction before determining the next move.
⚠ Important Note: This plan is only valid before the FOMC meeting. As the announcement approaches, traders are advised to close their positions to protect their accounts, as high volatility is expected.
🔥 Fundamental Analysis – What to Expect from the FOMC This Time?
📌 1️⃣ The Fed is Expected to Keep Rates at 4.25% - 4.5%, But…
Dot Plot & Summary of Economic Projections (SEP) will shape market expectations for the future.
If the Fed remains hawkish, the USD could strengthen, putting pressure on gold.
If the Fed signals a dovish stance, the USD could weaken, potentially pushing gold higher.
📌 2️⃣ Global Central Banks Continue to Buy Gold
China, Russia, Poland, and India continue to increase their gold reserves, reducing their reliance on the USD.
This trend supports long-term bullish prospects for gold, although there could be short-term corrections.
📉 Technical Analysis – Key Levels for XAU/USD
🔹 Main Trend: Bullish, but facing strong resistance.
🔹 Price Channel: Gold is still in an uptrend, but a short-term correction may occur.
📌 Key Levels to Watch:
📍 Resistance:
3,055 - 3,071 – If gold fails to break through this level, a correction could follow.
📍 Support:
3,021 - 3,009 – Watch this area in case of a pullback.
2,986 - 2,948 (FVG Zone on H1) – A deeper liquidity level if selling pressure increases.
🎯 Trading Plan – Pre-FOMC Strategy
BUY ZONE: 3010 - 3008
SL: 3004
TP: 3015 - 3020 - 3024 - 3028 - 3032
SELL ZONE: 3054 - 3056
SL: 3060
TP: 3050 - 3046 - 3042 - 3038 - 3030
⚠ Important Warning:
Ahead of the FOMC, consider closing all positions to avoid unnecessary risks, as market reactions can be unpredictable.
🔥 A major wave from the FOMC is coming – trade wisely and protect your capital! 🚀
⚠ Important Note: This plan is only valid before the FOMC meeting. As the announcement approaches, traders are advised to close their positions to protect their accounts, as high volatility is expected.
🔥 Fundamental Analysis – What to Expect from the FOMC This Time?
📌 1️⃣ The Fed is Expected to Keep Rates at 4.25% - 4.5%, But…
Dot Plot & Summary of Economic Projections (SEP) will shape market expectations for the future.
If the Fed remains hawkish, the USD could strengthen, putting pressure on gold.
If the Fed signals a dovish stance, the USD could weaken, potentially pushing gold higher.
📌 2️⃣ Global Central Banks Continue to Buy Gold
China, Russia, Poland, and India continue to increase their gold reserves, reducing their reliance on the USD.
This trend supports long-term bullish prospects for gold, although there could be short-term corrections.
📉 Technical Analysis – Key Levels for XAU/USD
🔹 Main Trend: Bullish, but facing strong resistance.
🔹 Price Channel: Gold is still in an uptrend, but a short-term correction may occur.
📌 Key Levels to Watch:
📍 Resistance:
3,055 - 3,071 – If gold fails to break through this level, a correction could follow.
📍 Support:
3,021 - 3,009 – Watch this area in case of a pullback.
2,986 - 2,948 (FVG Zone on H1) – A deeper liquidity level if selling pressure increases.
🎯 Trading Plan – Pre-FOMC Strategy
BUY ZONE: 3010 - 3008
SL: 3004
TP: 3015 - 3020 - 3024 - 3028 - 3032
SELL ZONE: 3054 - 3056
SL: 3060
TP: 3050 - 3046 - 3042 - 3038 - 3030
⚠ Important Warning:
Ahead of the FOMC, consider closing all positions to avoid unnecessary risks, as market reactions can be unpredictable.
🔥 A major wave from the FOMC is coming – trade wisely and protect your capital! 🚀
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.