🥇 Gold (XAU/USD) — New York Session Analysis
📈 Weekly Close: Gold finished at $4,378.38/oz, gaining +0.57% after recovering sharply from post-FOMC losses.
🏦 Despite the Fed rate hike to 3.75%–4.00%, New York buyers stepped in aggressively and reversed the decline.
🛢️ Lower oil prices, with Brent below $99, eased inflation concerns, while falling US 10-year Treasury yields supported gold demand.
📊 New York Session Price Action
🟡 08:00 AM: Gold tested around $4,300, but sellers were rejected as buyers absorbed liquidity.
⚖️ 09:30 AM: A Doji near $4,340 showed short-term market indecision before buyers gained control.
🚀 11:00 AM: Strong bullish momentum pushed Gold above the EMA50 and toward $4,365.
🔥 01:00–03:00 PM: Falling Treasury yields triggered another bullish expansion, with Gold reaching around $4,400 before consolidating near $4,378.
🎯 Monday New York Trading Levels
🔴 Resistance: $4,400–$4,405 — sustained hourly acceptance could open the way toward $4,450.
🟢 Support: $4,340–$4,350 — watch for bullish rejection or engulfing patterns.
⚠️ Invalidation: A clean hourly break below $4,300 could signal a deeper correction.
🧭 Monday Trading Checklist
💵 DXY: A weaker dollar could support a breakout above $4,400.
📉 US 10Y Yields: Continued weakness would favor Gold, while rising yields could pressure prices.
⏰ Best Volatility: Focus on the London/New York overlap, particularly 8:00–11:00 AM EST.
🎯 Entry Discipline: Avoid chasing the first 15 minutes. Wait for a liquidity sweep or false breakout before confirming direction.
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