GOLD (XAUUSD): Your Trading Plan Ahead of FED
Ahead of FED Powell Speech today, Gold finally stopped falling.
For now, a key daily support that the price tested earlier holds.
To catch a pullback trade from that, pay attention to an inverted
cup & handle pattern on an hourly time frame.
Wait for a bullish breakout of its neckline - an hourly candle close above
that will give you a strong bullish signal.
A pullback will be excepted at least to 2580 level then.
Alternatively, a daily candle close below the underlined daily support
will be a strong bearish signal.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.