fomcforecast

$XAU is currently hitting a sideways grind on the lower timeframes. However, when you zoom out to the Daily chart, the macro bias is heavily leaning bearish and looking highly structured. Here is the full breakdown:
Execution Trigger (H1):
On the H1 chart, we are just waiting for one last swing up to complete the pattern. Once this final leg pushes higher, a Bearish Divergence will be fully locked in—with price printing a Higher High while the oscillator puts in a Lower High.
Ultimate Confluence (Astro + Fundamental):
The blue vertical line marks the June 15 New Moon astro cycle, which perfectly aligns with the highly anticipated FOMC Meeting next week. This combo is a recipe for massive volatility and likely marks the final manipulation peak before the real move. Invalidation sits strictly at 4366
Macro Targets (Daily):
Once the post-New Moon reversal is confirmed, the medium-to-long-term downside targets are crystal clear. There is massive sell-side liquidity ($$) sitting completely exposed below:
Immediate Targets: Monthly Low 4100 & $$ 4026
Main Expansion Targets: The $$ 3928, $$ 3890, and $$ 3765 levels
Extreme Targets: A major liquidity pool resting around $$ 3120 and the red demand box (3450 - 3580).
Don't get chopped up in the current sideways price action; use it to prep. Wait for that final manipulation sweep to the upside (classic Turtle Soup setup), look for a Market Structure Shift (MSS) confirmation , and ride the distribution phase down.
Plan your trade, trade your plan. Always practice strict risk management!
#FOMCForecast