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Home » » Keep Monitoring SELL Opportunities on XAUUSD Today: STILL STUCK AT RESISTANCE!

Keep Monitoring SELL Opportunities on XAUUSD Today: STILL STUCK AT RESISTANCE!

 


XAUUSD Analysis

Market Still Awaits Fed Interest Rate Decision

Gold remains stable ahead of the Fed's interest rate decision this week. The Fed is expected to cut rates by 25 basis points, a modest move considering inflation has not slowed significantly.

Still Stuck at Resistance

The price is currently stuck below resistance. Confirmation for a sell signal can be sought if a pullback occurs to this resistance area.

Prediction: WEAK XAUUSD

Trade Plan:

SELL AREA: 2658.92 - 2668.66
SL: 2680.10
TP1: 2647.59
TP2: 2630.84
TP3: 2615.46

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