# Gold H1 Analysis: Bearish Bias Ahead of FOMC

> Gold faces bearish pressure as FOMC meeting looms, with key sell zones near 4,355-4,370
- Title: Gold H1 Analysis: Bearish Bias Ahead of FOMC · TradingView
- Summary: Gold faces bearish pressure as FOMC meeting looms, with key sell zones near 4,355-4,370 Gold should target 4,250-4,262 if it breaks 4,350-4,365 resistance
- Keywords: gold, fomc, xauusd, sell zone, bearish, technical analysis, rate hike, fed, business, finance, Analysis, Bias
- Source: TradingView — https://tradingview.com/chart/XAUUSD/zhC42tnK-GOLD-Gold-H1-Analysis-September-16
- Published: 2026-09-16T08:48:36+00:00
- Read time: 1 min
- Topics: gold, fomc, xauusd, sell zone, bearish, technical analysis, rate hike, fed, business, finance
## Gold near 4,328
Gold recovered 0.8% as investors awaited Fed's decision, with 92.4% probability of 25 bps rate hike
## Key Sell Zone
4,355-4,370 acts as critical supply zone near long-term EMA 4,362 and descending trendline
## Current Price Action
Price trades near 4,315-4,305 with medium-term EMA at 4,306, offering poor risk-to-reward for trades
## Buy Zone Opportunity
4,250-4,262 could form bullish reversal if gold drops sharply and shows rejection
## FOMC Impact
Fed's decision and Powell's remarks will drive significant volatility in gold prices today
## Economist Forecast
86% of economists expect Fed rate hikes within next 12 months, up from 46% last month
## Key takeaway

Gold should target 4,250-4,262 if it breaks 4,350-4,365 resistance