GLD’s bullish case is for a conditional rebound from the $369.27–$369.98 support area, near the value-area low and 52-week low, after a recent rally and with daily RSI recovering from oversold territory. Improving, though still negative, daily MACD momentum and strength in gold miners offer support; a dovish FOMC signal or pause could weaken the dollar and add a catalyst, with the BoC decision also relevant to event-driven volatility. The rebound would need to clear resistance around $371.02 and $372.86 to extend toward $374–$375. The main uncertainty is whether support holds and momentum improves: no bullish breakout is confirmed, and the FOMC outcome could instead move against gold.