Aминь Gold Morning Strategy

The Fed's hawk-ish signals released in the early morning caused gold to decline sharply and consolidate at lower levels. Short-term momentum is weak but there is potential for oversold recovery. The morning session focuses on selling on rebounds, cautious long positions, and avoiding blind chasing of trades.

Key Levels

Support: 4800–4810

Resistance: 4890–4900

Trading Recommendations

On rebounds to 4890–4900 facing resistance, go short with stop loss above 4920, targets 4830–4800, break below to 4780.

On pullbacks to 4800–4810 holding support, cautiously test long with light positions, stop loss below 4770, targets 4860–4880.

After the decision, market volatility is intense. Strictly use light positions with stop losses, avoid holding over-extended positions or betting on one direction, following the trend is more prudent.