Gold Consolidates, FOMC to Set TrendGoldOANDA:XAUUSDqxvhngGold surged from 4023 low to a peak near 4369 earlier, but halted its rally today with mild pullbacks and high-range consolidation. Bullish Drivers Eased Middle East tensions and lower oil prices ease inflation pressure. Persistent long-term gold buying by global central banks supports prices. U.S. heavy debt weighs on high interest rates long-term, benefiting gold. Near-term Bearish Factors A corrective pullback is overdue after days of sharp gains. No new bullish news from the calmed Middle East. Traders stay cautious pre-FOMC, avoiding chasing highs. Technical Zones Primary resistance: 4350–4370. Gold must hold above this band to keep rising. 4400 is a key medium-term level; a breakout unlocks full upside. Support: 4290–4300 (buy zone on dips); 4265 is the core rebound support line. Trading Plan Buy on dip 4290–4300 SL below 4280 TP 4330–4350