🟡 GOLD (XAU/USD) — New York Session Day-Trading Plan
Gold closed the latest session around $4,290, down roughly 1.4%, with the stronger USD and 10-year Treasury yield above 5% keeping pressure on XAU/USD. The Fed decision tomorrow is also likely to increase volatility.
🕯️ Key NY Levels
📉 Short Setup
🔻 If NY price breaks $4,305 and a 5/15-minute candle closes below it, wait for a retest.
🎯 Targets: $4,280 → $4,250 → $4,235.
📈 Long Setup
🟢 If price breaks and holds above $4,360, wait for a bullish retest.
🎯 Targets: $4,395 → $4,420.
🟡 Range Setup
If gold remains between $4,305–$4,360, avoid chasing trades in the middle. Wait for a liquidity sweep and confirmation at either boundary.
🇺🇸 What to Watch in New York
💵 DXY: Continued strength favors sellers.
📈 10Y yield: Above 5% remains a major headwind for gold.
🛢️ Oil: Above $100 is increasing inflation/rate-hike concerns.
🏦 Fed: Markets are pricing about a 93% probability of a rate hike, making Wednesday's decision a major volatility catalyst.
🎯 Day-Trader Bias
🔴 Below $4,360 = bearish preference
🟢 Above $4,360 = bullish recovery potential
🔻 Below $4,305 = stronger short opportunity
⚠️ For the next NY session, prioritize break → retest → confirmation rather than entering immediately after a large candle. Fed-related volatility makes false breakouts particularly dangerous.
📢 This content is for informational and educational purposes only and does not constitute financial, investment, trading, or legal advice.
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