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Gold Spot / U.S. Dollar
Long
Updated

Gold Breakout Ahead of FOMC – Next Step Trading Plan

3 104
Gold Breakout Ahead of FOMC – Key Levels & Trading Plan
Gold surged strongly in line with MMFLOW’s previous outlook, breaking through short-term resistances and the descending trendline within just one session. This early breakout ahead of the FOMC meeting signals that bullish momentum is firmly in play.

Even though price moved before the actual FOMC release, the market confirmed our directional bias: after clearing liquidity below, Gold quickly bounced back, reclaiming higher zones. With positive fundamentals supporting the metal in the long run, the bullish case for XAUUSD remains intact.

Currently, structure shows a clean breakout of the bearish channel, and we are waiting for a retest of KeyLevels today to fuel the next bullish leg.

📊 MMFLOW Market Outlook

Primary Bias: Bullish – Buy the dips

Scenarios:
🔹 Buy opportunities near strong support levels
🔹 Tactical sells only at confirmed resistance with rejection

Daily chart left a strong bullish confirmation candle, suggesting that pullbacks are opportunities to reload long positions.

🔥 Trading Plan – Buy/Sell Zones & Scalp Strategy
✅ BUY SCALP
Entry: 3333 – 3331
Stop Loss: 3327
Take Profit: 3338 – 3343 – 3348 – 3352 – 3356 – 3360 – ???

✅ BUY ZONE (Swing/Position)
Entry: 3316 – 3314
Stop Loss: 3310
Take Profit: 3320 – 3325 – 3330 – 3335 – 3340 – 3350 – 3360 – ???

🔻 SELL ZONE
Entry: 3368 – 3370
Stop Loss: 3375
Take Profit: 3364 – 3360 – 3355 – 3350 – 3345 – 3340 – 3330

📌 Key Levels to Watch
Supports: 3332 – 3323 – 3315

Resistances: 3348 – 3362 – 3370 – 3383

🚨 Risk Note:
If price dips too deep into 331x, beware of potential liquidity traps. Always respect your TP/SL as volatility remains high around FOMC events.

✨ MMFLOW Reminder:
👉 KeyLevels = Profits.
👉 Buy the dips, ride the bullish pump.
Trade active
✅ Scenario 1: Trend continuation (main bias)

Holding above 3344 – 3348 keeps the bullish structure intact.

A clean breakout over 3348.7 opens the path to:
→ Target 1: 3361.2
→ Target 2: 3369.8 (top of the channel)

⚠️ Scenario 2: Deeper retest before the move

If price rejects 3348 – 3351, a dip back to 3334 is likely.

Buyers may step in here to reload positions and push price higher.

A break below 3334 would weaken the bullish setup short-term.
snapshot

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