Gold Daily Chart After Interest Rate Decision
After the interest rate decision and the dovish tone from Yellen we have seen the price in Gold spike back up to resistance dating back to May 2016, i will be looking to short gold at 1240 should it respect resistance or look for a bearish candle on the daily close to see a sell off back to 1200, the dollar index will also be a key tool to decide price action.
Trade Signals from Learn 2 Trade Telegram Channel t.me/learn2tradenews
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.