XAUUSD has rebounded from fibo resistance prior to the USD Federal Reserve Interest Rate Decision. Technically the pair is rebounding out of fibonacci resistance at the golden pocket, and we are looking for downside to continue into the fibonacci 61.8% extension.
Note
Stop Moved to break Even
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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.