Gold Spot / U.S. DollarUpdated FOMC Meeting may provide the much needed volatility in Gold
Gold is stuck in a narrow range over the last few days and although
the previous buy trade(previous idea attached below) at 1846 was very
successful with nearly 200 pips profit, we are yet to see a big move in Gold.
However, with the FOMC meeting in less than 10 hours we can see some
volatility in Gold.
So, if Gold drops to my preferred area during the event, I would consider a buy
@1835-1.843 with SL below 1820 and TP at 1875.
the previous buy trade(previous idea attached below) at 1846 was very
successful with nearly 200 pips profit, we are yet to see a big move in Gold.
However, with the FOMC meeting in less than 10 hours we can see some
volatility in Gold.
So, if Gold drops to my preferred area during the event, I would consider a buy
@1835-1.843 with SL below 1820 and TP at 1875.
Trade active
Putting a buy Limit@1839 with SL at 1823
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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.