Gold Spot / U.S. Dollar
Short
Updated

XAUUSD Classic Retracement after Rates

429
After every interest rate decision in the last months the initial impulse was always follow by a healthy retracemen. Wait for lower time frame confirmation before entering the trade!

TP 1 : 1621

TP 2 : 1608

TP 3 : 1584

Cheers!
Note
After yesterday failed to retraced to a good support gold dropped to create a triple bottom. From here I expect a retracement to break 2022 Year low at 1615.

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