$XAU rose nearly 1.3% today but remained stuck right between $4,003 and $4,079 throughout the past 24 hours.
Gold is currently at $4,063. The 4-hour chart is holding an upward trend, while the daily chart is leaning downward. Gold futures contract volume over the past 24 hours exceeded $1.7 billion.
Bullish scenario: 1-hour candle closes above 4078.52 → target zone 4107.94. Invalidated if price falls below 4063.81.
Bearish scenario: 1-hour candle closes below 4003.06 → target zone 3973.64. Invalidated if price climbs back above 4017.77.
Scenarios are valid for 24 hours.
Personal observation, not investment advice
#FOMCWatch #TinFed #XAU
Gold is currently at $4,063. The 4-hour chart is holding an upward trend, while the daily chart is leaning downward. Gold futures contract volume over the past 24 hours exceeded $1.7 billion.
Bullish scenario: 1-hour candle closes above 4078.52 → target zone 4107.94. Invalidated if price falls below 4063.81.
Bearish scenario: 1-hour candle closes below 4003.06 → target zone 3973.64. Invalidated if price climbs back above 4017.77.
Scenarios are valid for 24 hours.
Personal observation, not investment advice
#FOMCWatch #TinFed #XAU
