Gold made a near Double Top on 1H (1,257.90) and is so far being rejected on the Fed's High. The immediate downside targets are the previous Higher Lows (1,246.75, 1,245.80, 1245) that are now acting as demand levels. Due to the High Volatility on 5H (ATR = 4.8186) it is also likely to print a full retrace to the 1,241.60 Support.
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