GOLD XAUUSD 4HR LINE CHART PERSPECTIVE

Wait 5 sec.

GOLD XAUUSD 4HR LINE CHART PERSPECTIVE XAU / TetherUS PERPETUAL CONTRACTBINANCE:XAUUSDT.PShavyfxhubThe Federal Open Market Committee (FOMC) voted unanimously (12-0) to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent. The Committee reaffirmed its policy of maintaining ample reserves in the banking system.  Key Economic Assessment in the Statement • Growth: Economic activity is expanding at a solid pace despite elevated uncertainty (partly due to the conflict in the Middle East). Productivity growth and capital investment are strong. Job gains have kept pace with the workforce, and the unemployment rate has changed little.  • Inflation: Inflation remains elevated relative to the Committee’s 2% goal, partly reflecting supply shocks (including energy). The Committee will deliver price stability.  The statement is notably shorter and more concise than recent prior versions, with the removal of prior easing bias language—consistent with Chair Kevin Warsh’s preference for reduced forward guidance.  The interest rate on reserve balances stays at 3.65%, with corresponding adjustments to repo/RRP operations and Treasury bill purchases as needed to maintain ample reserves. Break and retest 4219-4200 zone enforced,buyers is been confronted at 4324-4330 another ascending trendline breakout ,if they fail to break out from the confrontation on 4hrs,it will be a bearish continuation and if the breakout from the confrontation it will head for new sell liquidity 4444-4500 . Until break and close daily supply roof ,sellers will take any higher sell zone structure. I want to see more discount on gold price 3500-3600 is a good range. We just watching and waiting for recalibration. #Gold #XAUUSD