Gold... To be or not to be?

Hi All!

Gold might take another shot at testing its all-time high—because why not? We could see the formation of a fifth-wave impulse with a broad target range of 2780–2792. However, if it breaks below 2750, gold may head down to test the 2720 support level.

Let’s not forget—today is the Fed meeting, and Jerome is about to give the markets a reason to move. Whether it’s a rally or a rollercoaster drop, buckle up—Powell’s got the wheel!

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