XAUUSD Ideas:
Short-term Bearish Bias: Expect potential dip to $3,344.
Reaction at $3,344.97:
If bullish reversal patterns appear (like bullish engulfing or double bottom), this may signal a buy opportunity.
Break Above $3,411: Indicates bullish continuation toward $3,450..
Risk Event Caution: Since this is around FOMC, fundamental news can override all technical. Avoid overleveraging and monitor DXY and bond yields.
Short-term Bearish Bias: Expect potential dip to $3,344.
Reaction at $3,344.97:
If bullish reversal patterns appear (like bullish engulfing or double bottom), this may signal a buy opportunity.
Break Above $3,411: Indicates bullish continuation toward $3,450..
Risk Event Caution: Since this is around FOMC, fundamental news can override all technical. Avoid overleveraging and monitor DXY and bond yields.
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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.
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.