Technical Analysis
Posted 5 hours ago
Gold: Bearish Trend Line Forms Below $4,450 Ahead of Fed
Gold remains capped below $4,450 with a bearish trend line forming resistance at $4,355 on the 4-hour chart. Price action shows failed upside attempts and near-term weakness. EUR/USD has declined below 1.1580 while crude extends gains above $100. Bias leans bearish pending the Fed decision, which poses the key catalyst for directional clarity.
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