Gold Spot / U.S. Dollar
Short
Updated

XAUUSD - SHORT

560
Weekly bollinger bands is flat and outside, so I am expecting a huge reversal + as we can see on my chart, There is a huge monthly supply & demand area so for these 2 reasons I am expecting a good reversal. I will take profit around 1260 and I will be looking for a buy around 1205.
Note
FED tomorrow. Expecting BULLISH USD.
Note
snapshot
Trade closed: target reached
Congratz

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.