Gold Week Report|9/14–9/18: The FOMC super week—don’t rush to guess the direction
Last week, gold went through a very clear adjustment from a high level:
4510 → 4292 → 4348
After a swing of more than 200 points between highs and lows, what will likely decide the next phase’s direction this week is really the FOMC.
My plan isn’t complicated:
If 4434 holds steady → look for a long-side correction, and refocus on 4510
If 4292 breaks down → expect the pullback to continue; focus next on 4200
Between 4300—4434 → don’t rush to bet on a single direction
Especially in a market like this with an event like the FOMC, the first candlestick is often not the answer.
So my discipline for this week can be summed up in one sentence:
Don’t bet the outcome, and don’t rush to the first candle.
Once the direction is confirmed, then execute.
Trading isn’t about who can guess correctly—it’s about who can still follow the plan and get it right after the market truly shows up.
All the key levels for this week and three scenarios are in the chart below👇#XAUUSD #Gold #FOMC #Trading #AI quant
Last week, gold went through a very clear adjustment from a high level:
4510 → 4292 → 4348
After a swing of more than 200 points between highs and lows, what will likely decide the next phase’s direction this week is really the FOMC.
My plan isn’t complicated:
If 4434 holds steady → look for a long-side correction, and refocus on 4510
If 4292 breaks down → expect the pullback to continue; focus next on 4200
Between 4300—4434 → don’t rush to bet on a single direction
Especially in a market like this with an event like the FOMC, the first candlestick is often not the answer.
So my discipline for this week can be summed up in one sentence:
Don’t bet the outcome, and don’t rush to the first candle.
Once the direction is confirmed, then execute.
Trading isn’t about who can guess correctly—it’s about who can still follow the plan and get it right after the market truly shows up.
All the key levels for this week and three scenarios are in the chart below👇#XAUUSD #Gold #FOMC #Trading #AI quant
