#XAUUSD: 4H View Sellers still hold control
Updated
Dear Traders,
Gold bounced back from 2152$ to 1972$ and rocketed towards 2046$ as Fed Interest Decision gave it a boost. Prices retreated to fill the liquidity void and are forecasted to reach 1990$. Look out for sellers at this level.
Price either can drop significantly from the current area of price or do some short of retracement as it is shown in the chart and drop from that region so keep that in mind.
Gold bounced back from 2152$ to 1972$ and rocketed towards 2046$ as Fed Interest Decision gave it a boost. Prices retreated to fill the liquidity void and are forecasted to reach 1990$. Look out for sellers at this level.
Price either can drop significantly from the current area of price or do some short of retracement as it is shown in the chart and drop from that region so keep that in mind.
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80+ pips idea is active.Order cancelled
Trade hit breakeven after dropping 80+ pips! Will be posting an update!
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