GOLD (XAUUSD) LONG Incoming Soon. Be at alert (FED News)
After a rejection at the 1955 zone, we would most likely be seeing a 50% retracement to the downside which terminates at 1929.99, a zone that also coincides with the 200SMA on the 1H and 4H chart. The FED news should also serve as a fuel, till after the news, stay safe and make sure your short is at breakeven at most
Trade active
Stopped at the hourly 200SMA at 1933, a break above 1945 is another entry. EnjoyNote
Alterntive count activated
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.
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.