MJ Forex Academy – Market Analysis
Gold Market Outlook (Post-FOMC)
The market remains bearish following the Federal Reserve’s 25-basis-point rate cut. Chair Powell signaled that no aggressive easing is planned and that any additional cuts will be data-dependent. This tempered dovish expectations and prompted profit-taking in gold.
The USD 3,700 region has acted as a key psychological level since March 2025. With that level now rejected, gold is expected to retest USD 3,600 and potentially USD 3,500, and could range between 3,500 and 3,700 until the next FOMC meeting—or even through year-end 2025.
Technical View
Overall Trend: Bearish
Key Resistance Zones:
3,650–3,655: Breaker-block zone for initial short setups
3,670–3,680: Higher resistance; contains a Fair Value Gap (FVG)—watch for a possible liquidity spike toward 3,680 before confirmation
Key Support Zones:
3,620: First downside target
3,500: Major demand zone and preferred long-term buy area
Trading Scenarios
Scenario 1 – Primary Short Setup
Sell Zone: 3,650–3,655
Targets: 3,620 initial, extended to 3,500
Stop Loss: Above 3,667 (structure invalidation)
Scenario 2 – Deeper Retracement Short
Sell Zone: 3,670 (watch for confirmation; possible spike to 3,680 to fill the FVG)
Targets: 3,620 initial, extended to 3,500
Stop Loss: Above 3,685
Long Opportunity (only if 3,500 holds with strong reversal confirmation)
Buy Zone: Around 3,500
Targets: 3,620 and 3,650
Stop Loss: Below 3,485
Risk Management & Disclaimer
Recommended risk per trade: ≤ 0.5 % of capital
This analysis is for educational purposes only and is not personal financial advice.
Always conduct your own research and manage risk carefully; financial markets carry inherent uncertainty.