Gold Sideway Compression | Waiting for the Big BreakOut after FOMC This Week
Gold is currently consolidating in a tight range, building up energy for a major BreakOut. After the liquidity sweep at the weekly open, price fluctuated strongly between the 332x – 335x zone, but on the H1 timeframe, the overall trend still remains within a descending channel.
Last week, CPI & PPI data failed to deliver a clear direction. This week, all eyes are on the FOMC meeting, expected to provide stronger signals for gold’s next move.
⏳ Early to mid-week: with limited impactful news, gold may continue to sideway within the narrow range or maintain downside pressure until FOMC is released.
🔑 Key Market Levels
Resistance: 3357 – 3369 – 3383 – 3398
Support: 3335 – 3317 – 3309
📌 Trading Setup
✅ BUY Zone: 3334 – 3332
SL: 3328
TP: 3338 – 3342 – 3346 – 3350 – 3355 – 3360 – 3370 – 3380
👉 If gold breaks the descending channel around 336x, expect a strong move towards 3383 – 3398.
✅ SELL Zone: 3383 – 3385
SL: 3390
TP: 3378 – 3374 – 3370 – 3360 – 3350
👉 If gold fails at higher resistance and reverses, liquidity may be swept back into 333x – 331x, with potential extension down to 329x.
⚠️ Summary
Gold is at a critical decision point: BreakOut or Breakdown.
Before FOMC: sideways / bearish bias within H1 channel.
After FOMC: expect a strong Pump or Dump to define the clear weekly trend.
🔥 Keep a close eye on reactions at KeyLevels (333x – 336x – 338x) to adjust trading strategy accordingly.
Gold is currently consolidating in a tight range, building up energy for a major BreakOut. After the liquidity sweep at the weekly open, price fluctuated strongly between the 332x – 335x zone, but on the H1 timeframe, the overall trend still remains within a descending channel.
Last week, CPI & PPI data failed to deliver a clear direction. This week, all eyes are on the FOMC meeting, expected to provide stronger signals for gold’s next move.
⏳ Early to mid-week: with limited impactful news, gold may continue to sideway within the narrow range or maintain downside pressure until FOMC is released.
🔑 Key Market Levels
Resistance: 3357 – 3369 – 3383 – 3398
Support: 3335 – 3317 – 3309
📌 Trading Setup
✅ BUY Zone: 3334 – 3332
SL: 3328
TP: 3338 – 3342 – 3346 – 3350 – 3355 – 3360 – 3370 – 3380
👉 If gold breaks the descending channel around 336x, expect a strong move towards 3383 – 3398.
✅ SELL Zone: 3383 – 3385
SL: 3390
TP: 3378 – 3374 – 3370 – 3360 – 3350
👉 If gold fails at higher resistance and reverses, liquidity may be swept back into 333x – 331x, with potential extension down to 329x.
⚠️ Summary
Gold is at a critical decision point: BreakOut or Breakdown.
Before FOMC: sideways / bearish bias within H1 channel.
After FOMC: expect a strong Pump or Dump to define the clear weekly trend.
🔥 Keep a close eye on reactions at KeyLevels (333x – 336x – 338x) to adjust trading strategy accordingly.
Trade active
📊 Daily Plan Update | Over 250 Pips from MMF KeyLevelsMarket continues to respect our KeyZones with precise reactions 🔥
🔑 3356 – 3358 → SELL 120 PIPS | FULL TP
🔑 3346 – 3344 → BUY 70 PIPS | SCALPING
🔑 3334 – 3332 → BUY 60 PIPS
👉 Total: +250 PIPS ✅
Once again, KeyLevels = Profits. Stay tuned for the next setups and golden opportunities! ✨
Chart update:
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.