Gold Spot / U.S. DollarUpdated XAUUSD - FOMC WEEK
- PRICE HAS STAYED WITHIN THE 1831-1841 RANGE
- Expecting a pull back to 1828-1830
- If price dips further expect it to retest last week's breakout area of 1818-1820
- FOMC this week and I am expecting Gold to go higher into 1850-1860
- Expecting a pull back to 1828-1830
- If price dips further expect it to retest last week's breakout area of 1818-1820
- FOMC this week and I am expecting Gold to go higher into 1850-1860
Note
Price pulled back into 1830, lets watch PA to see what's nextNote
I am expecting a further dip, but if price does hold this range, I will take longs at 1833-1835 for first move up to 1850Note
I took sells and buy today, closing my terminal after booking profits at 1842.500. Will post a new update tomorrow, remember we have FOMC this week! Don't forget to take profits off the table, don't give it back to the market!!
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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.