Gold FuturesShort
FOMC event - leaning bearish
The RSI is above 80 and looking at the past times in this area, I think we go lower after the FOMC news.
You can call this "Priced in", as we had a run up to this event.
I follow seasonality and september is not the best month for Gold.
October to december are very good months for gold, so be patient and wait for a pullback
Good Luck!
You can call this "Priced in", as we had a run up to this event.
I follow seasonality and september is not the best month for Gold.
October to december are very good months for gold, so be patient and wait for a pullback
Good Luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.