📊 Gold $XAU is holding near $5000, stuck in consolidation as markets await the FOMC Meeting.
💡 Key Drivers
• Strong US Dollar Index & yields → downside pressure
• Rising inflation (oil/geopolitics) → supports gold
• Mixed sentiment = range-bound market
$ENJ
📈 Technical View
• Structure remains bullish (higher lows)
• Current phase: consolidation / expanding range
• Key support holding near $4950–4980 $AIN
💡 Key Drivers
• Strong US Dollar Index & yields → downside pressure
• Rising inflation (oil/geopolitics) → supports gold
• Mixed sentiment = range-bound market
$ENJ
📈 Technical View
• Structure remains bullish (higher lows)
• Current phase: consolidation / expanding range
• Key support holding near $4950–4980 $AIN