Gold is trading at all-time highs (ATH) ahead of the Federal Open Market Committee (FOMC) meeting. Are we witnessing a strong shaking? one

Donald Trump continues to take tough stance as military presence in the Middle East increases → Geopolitical risks continue to rise.

Tonight’s focus: The Federal Reserve

Political pressure and questions about the Fed’s independence.

The U.S. dollar index (DXY) continues to fall, retesting important historical support areas (2020-2022) → a support factor for gold prices.

👉Conclusion: Geopolitics and dollar weakness determine the uptrend, while the Fed determines short-term volatility.

📊Daily monitoring scope

Upper limit: 5,280 – 5,305

Lower limit: 5,190 – 5,160

→ Range-bound volatility and liquidity absorption are more likely before the Fed’s decision.

🟢Support

5,220–5,225 | 5,220–5,225 5,150–5,165 | 5,150–5,165 5,080–5,085 | 5,050–5,060

🔴Resistor

5,280–5,294 | 5,300 | 5,300 5,315 | 5,315 5,380–5,385

⚠️Strategy Notes

Watch for feints in this range/look for stop loss orders.

Avoid chasing peaks or trying to catch peaks without confirmation.

Watch price reactions at key levels while remaining disciplined.

Summary: Gold’s fundamentals are supported, but the most important thing during the day is the price interaction within the 5,160-5,305 range.
Be patient – ​​wait for confirmation – and trade based on reaction.