XAUUSD now has a bullish daily hammer courtesy of Janet Yellen after being rejected from 1260 level. If the bullish momentum continues then XAUUSD might have the weapon it needs to break that wall and the cluster of moving averages but it needs to get back to the fight.Entry: 1229.02
SL: 1227(Moved to 1229.5)
TP: (tp1) 1246 (tp2) 1251 (tp3) 1260
Any feedbacks are appreciated!
Note
Moved SL back to 1227Trade closed: stop reached
At least I was able to take some profits off during the Yellen Spike
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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.