XAUUSD – Post-FOMC Trading Plan | Key Resistance: 3308 – 3310
📊 MACRO UPDATE – After the FOMC Decision:
The Fed kept interest rates unchanged as expected, but the tone remained hawkish. Chairman Powell reiterated that inflation remains too high and ruled out any near-term rate cuts, signaling prolonged restrictive policy.
This led to a swift rebound in the US Dollar and Treasury yields, weighing on gold. However, XAUUSD bounced back late in the session, suggesting the market is re-evaluating key technical zones post-announcement.
📉 TECHNICAL ANALYSIS – H1/H4 Chart Structure:
Gold remains in a corrective descending structure but is now reacting around key Fibonacci levels. The 13–34–89 EMAs provide dynamic support and resistance, and a potential double bottom has formed near the 3245–3247 zone.
🧠 Two key levels to watch:
3308–3310: major resistance with trendline + FVG confluence
3245–3247: strong horizontal support + Fib 0.618 retracement
🎯 TRADE SETUPS:
🔵 BUY ZONE: 3247 – 3245
Stop-Loss: 3241
Take-Profit: 3251 → 3255 → 3260 → 3264 → 3270 → 3275 → 3280
🔵 BUY SCALP: 3263 – 3261
Stop-Loss: 3257
Take-Profit: 3266 → 3270 → 3275 → 3280 → 3290 → 3300
🔴 SELL SCALP: 3294 – 3296
Stop-Loss: 3300
Take-Profit: 3290 → 3286 → 3282 → 3278 → 3274 → 3270 → 3260
🔴 SELL ZONE: 3308 – 3310
Stop-Loss: 3314
Take-Profit: 3304 → 3300 → 3296 → 3292 → 3288 → 3280
📌 STRATEGIC OUTLOOK:
Unless price breaks above 3310 with strong momentum, sellers are still in control short term. Any rejection from the resistance zone could offer clean short entries. A breakout, however, would shift sentiment and expose 3340–3360 next.
Patience is key — let price react before committing to entries.
📊 MACRO UPDATE – After the FOMC Decision:
The Fed kept interest rates unchanged as expected, but the tone remained hawkish. Chairman Powell reiterated that inflation remains too high and ruled out any near-term rate cuts, signaling prolonged restrictive policy.
This led to a swift rebound in the US Dollar and Treasury yields, weighing on gold. However, XAUUSD bounced back late in the session, suggesting the market is re-evaluating key technical zones post-announcement.
📉 TECHNICAL ANALYSIS – H1/H4 Chart Structure:
Gold remains in a corrective descending structure but is now reacting around key Fibonacci levels. The 13–34–89 EMAs provide dynamic support and resistance, and a potential double bottom has formed near the 3245–3247 zone.
🧠 Two key levels to watch:
3308–3310: major resistance with trendline + FVG confluence
3245–3247: strong horizontal support + Fib 0.618 retracement
🎯 TRADE SETUPS:
🔵 BUY ZONE: 3247 – 3245
Stop-Loss: 3241
Take-Profit: 3251 → 3255 → 3260 → 3264 → 3270 → 3275 → 3280
🔵 BUY SCALP: 3263 – 3261
Stop-Loss: 3257
Take-Profit: 3266 → 3270 → 3275 → 3280 → 3290 → 3300
🔴 SELL SCALP: 3294 – 3296
Stop-Loss: 3300
Take-Profit: 3290 → 3286 → 3282 → 3278 → 3274 → 3270 → 3260
🔴 SELL ZONE: 3308 – 3310
Stop-Loss: 3314
Take-Profit: 3304 → 3300 → 3296 → 3292 → 3288 → 3280
📌 STRATEGIC OUTLOOK:
Unless price breaks above 3310 with strong momentum, sellers are still in control short term. Any rejection from the resistance zone could offer clean short entries. A breakout, however, would shift sentiment and expose 3340–3360 next.
Patience is key — let price react before committing to entries.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 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 8 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 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.