The shiny gold metal broke 4h support at 1498.05 last night begging the question on what's to come next. With yesterday's FOMC meeting and Powell speech cutting interest rates activated a swing/reversal pattern in Gold. XAUUSD found lows around 1482 before pivoting upward with relentless pull. Looking for gold to test monthly highs. keeping a close eye on the 1518 range.
Chart PatternsGoldLONGneutralshortTrend AnalysisXAUUSD

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