I´m expecting that FED will keep the rates today and GOLD will be bought as a inflation hedge due to this reason. If you want to trade this idea, you can buy now at 3390 and target the red lines. TP partially. During publishing an idea I´m considering not just fundamental, but also technical analysis of the chart. The reason that my chart is not full of indicators and trendlines and doesn´t look as "fancy" is simple. I do not want to confuse beginners by making my chart "too noisy". My main advices to trading this idea are SIZE, TP, AVERAGING, ZONES. More detailed, set a proper size, based on your margin, be able to TP at the profit targets, you can average your trade at the SL zone instead of cutloss, use 4H zones to know if the price will be rejected or will climb higher. Wish you good luck to trade this idea.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
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.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
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.