FOMC DAY XAUUSD ANALYSIS 18-9-24

🚨 XAUUSD (Spot Gold) 🔖 18-9-2024 🚨

Sell at : $2599-$2619-$2638-$2650
Buy at :$2525-$2480-$2460-$2440

CMP - $2576.84 (as of writing) 📈

⚠️Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses.

🚨📝Data scheduled to be published at 18:00 -00:00 hrs🔖📊

18:00 - USD-Building Permits (Aug)
18:00 - USD-Housing Starts (Aug)
18:00 - USD-Housing Starts (MoM) (Aug)
20:00 - USD-Atlanta Fed GDPNow (Q3)
23:30 - USD-Interest Rate Projection - 1st Yr (Q3) -4.1%
23:30 - USD-Interest Rate Projection - 2nd Yr (Q3) -3.1%
23:30 - USD-Interest Rate Projection - 3rd Yr (Q1) -2.9%
23:30 - USD-Interest Rate Projection - Current (Q3) -5.1%
23:30 - USD-Interest Rate Projection - Longer (Q3) -2.8%
23:30 -USD-FOMC Economic Projections
23:30 - USD-FOMC Statement
23:30 - USD-Fed Interest Rate Decision- 5.25% - 5.50%
00:00- USD-FOMC Press Conference

🔴Technical Status: XAUUSD: 📌

D1 SMA100-P (2403.64) Buy🔺
D1 SMA200-P (2267.13) Buy🔺
H4 SMA100-P (2520.63) Buy🔺
H4 SMA200-P (2476.96) Buy🔺
H1 SMA100-P (2560.28) Buy🔺
H1 SMA200-P (2539.19) Buy🔺

Summary: Strong Buy
Moving Averages: Strong Buy

RSI(14): Status: Buy

STOCHRSI(14): Status: Oversold

Stoch(9.6):Status: Neutral

MACD(12,26):Status: Buy

ROC: Status: Status: Sell

William%R: Status: Buy

High/Low: Status: Neutral

ATR(14): Status: Buy

SOC: Status: Sell

Bear/Bull Power: Status: Buy