Gold has experienced a three-day consolidation within a range since the start of this week.

On the early morning of the 18th, the Federal Reserve decision marked a turning point in the market.
The meeting immediately triggered a large bearish candle that 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, reaching a low near 4220 before beginning a short-term rebound and correction.

Before the Federal Reserve decision on the evening of the 17th, it was clearly stated that if the comments were hawkish, gold could fall to 4160!
In the early morning of the 19th, a breakdown again opened the downside range!
The current target of 4160 has already been reached, and a move of 270 points has been completed! #美伊谈判推迟 #预测世界杯西班牙VS沙特