Federal Reserve Decision Night: Focus on 4180, this is the key
Tonight's focus is on the Federal Reserve's interest rate cut decision, with the market's expectation of a 25bp cut nearly unanimous. Before the results are announced, gold is still fluctuating within a structural range, and 4180 remains a strong support level that has been validated multiple times; if it holds steady, this will be the watershed for market sentiment.
On the upside, watch for 4220 (previous high pressure) and 4250 (structural strong pressure), whether it breaks through will determine the subsequent rhythm.
If a typical "good news realization" occurs, gold may show a trend of initially rising and then falling; if the wording is more conservative, it may even touch the 4120—4100 area in the short term.
If the meeting content is neutral, a continuation of a small range fluctuation of 20–30 dollars should not be ruled out, waiting for guidance for the next stage.
Tonight's general direction depends on the attitude given by the Federal Reserve.
