XAUUSD GOLD Evening Update - Wed, Oct 28, 8 PM PKT ⏰
Live Price: $4,045.50 | Intraday High: $4,070.89 | Low: $4,028.17
Gold stalling its rebound as markets await Fed decision at 18:00 GMT tonight. FOMC expected to hold at 3.75%-4.00%, but 85% odds priced for Dec hike. Firm USD + Oil rebound capping upside.
Technical View:
4H Bias: Bearish consolidation, Resistance $4,070-$4,082, Support $4,000-$3,975
1H Bias: Bullish momentum building above $4,035
Key Level: Break above $4,071 opens $4,100, break below $4,025 targets $3,975
My Plan: Waiting for Fed volatility. No chase before 18:00 GMT. Buy dip at support, not top.
What's your Gold bias tonight - Bullish or Bearish?
$XAUUSD #XAUUSD #GOLD #FedDecision #Trading
Live Price: $4,045.50 | Intraday High: $4,070.89 | Low: $4,028.17
Gold stalling its rebound as markets await Fed decision at 18:00 GMT tonight. FOMC expected to hold at 3.75%-4.00%, but 85% odds priced for Dec hike. Firm USD + Oil rebound capping upside.
Technical View:
4H Bias: Bearish consolidation, Resistance $4,070-$4,082, Support $4,000-$3,975
1H Bias: Bullish momentum building above $4,035
Key Level: Break above $4,071 opens $4,100, break below $4,025 targets $3,975
My Plan: Waiting for Fed volatility. No chase before 18:00 GMT. Buy dip at support, not top.
What's your Gold bias tonight - Bullish or Bearish?
$XAUUSD #XAUUSD #GOLD #FedDecision #Trading
