Long

$XAUUSD making high moves after fomc

Updated

seems gold is leveling off and looking for a new support. we are starting to test 1180 and will start to breach 1185 next. with the current momentum and upcoming releases it is possible to see the market drop back down to 1166.

Trade closed: target reached

Shortly after posting this the markets moved into our favour. I'm still waiting to see if we can breach 1190 and hit 1193. If so, we will see a new support as USD drops.

zcsniper

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