Gold Pauses Ahead of FOMC – Big Move Loading?

Gold has been consolidating just below its all-time highs as traders await the Fed’s rate decision tomorrow.

Key levels on my chart:

Resistance: ATH 3737.5 → 3749.8 (DH)

Support: 3715.2 (WH) → 3711.6 (DL)

If the Fed cuts rates more aggressively than expected, Gold could break higher and run liquidity above 3750. On the flip side, a smaller cut or hawkish tone could give the dollar strength, driving Gold lower — first target 3700 → 3680.

I’m staying cautious during Asia and London, expecting chop until NY session. My focus will be on how price reacts after the announcement — that’s where the cleaner opportunities should come.

Patience is key here — the real move is still loading.