# Gold Breaks 4,300 But Test Looms

> Gold rises above 4,300 as FOMC decision looms.
- Title: Gold Breaks 4,300 But Test Looms · TradingView | Shortify
- Summary: Gold rises above 4,300 as FOMC decision looms. Gold surged past 4,300 ahead of Fed rate decision but faces critical test at 4,340 resistance.
- Keywords: gold, fomc, fed, xauusd, 4340, 4300, tradingview, business, finance, Breaks, 300, Test
- Source: TradingView — https://tradingview.com/chart/XAUUSD/AWDS1dWr-Gold-is-back-above-4-300-but-the-real-test-is-still-ahead
- Published: 2026-09-17T02:26:30+00:00
- Read time: 1 min
- Topics: gold, fomc, fed, xauusd, 4340, 4300, tradingview, business, finance
## Gold Rebounds
Gold has rebounded above 4,300 after a strong M30 recovery from 4,260, 4,280.
## Critical Decision Zone
The price faces a critical decision zone between 4,335 and 4,345 with reaction zone at 4,315, 4,325.
## Bullish Scenario
If gold closes above 4,340 and holds the 4,315, 4,325 retest, it could reach 4,360 and then 4,395, 4,405.
## Bearish Scenario
But if gold sweeps 4,340 and falls below 4,315, it could drop to 4,285 and then 4,275, 4,285.
## FOMC Catalyst
The Fed decision today has markets pricing a 25bp hike with August CPI at 3.4% YoY and Treasury yields around 5%.
## Critical Test Ahead
Gold faces a critical test at 4,340 resistance as volatility could expand sharply around the Fed decision.
## Key takeaway

Gold surged past 4,300 ahead of Fed rate decision but faces critical test at 4,340 resistance.