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Gold has experienced a three-day sideways consolidation within the range since the opening of this week.
On the early morning of the 18th, the Federal Reserve's decision marked a turning point in the market.
The meeting started with a large bearish candle that directly broke through the support level.
The 15-minute chart showed a decline of over 100 points, followed by a slight rebound.
After dovish comments were confirmed, the price continued to decline.
It touched a low near 4220 before beginning a short-term rebound and correction.
On the evening of the 17th, before the Federal Reserve's decision, it was clearly stated that if there are hawkish comments, gold could fall to 4160!
Breaking this level would open the downside range again!
Currently, the 4160 target has been reached, and a 215-point range has been formed! $BTC #预测世界杯巴西VS海地