Gold Spot / U.S. Dollar
Short
Updated

Gold Break down important support of 1260

10925
Gold Break down important support of 1260

and it is driven by the fundamental event:
FOMC Meeting.

With this downside breaking candle,
we can wait for a pull back to short gold
and aim to 1210 or even lower.

As My Idea for the DXY is going higher , therefore
gold will go down
Note
snapshot
Note
this is a perfect pull back trade that matches my trading plan.
see? wait for price to pull back 1257-1260 area
and short.
now already win 170 pips
Note
NOW IS 1210 AFTER NFP.
Big winner!
500 pips
Simple and effective
Note
snapshot
Note
Please take note 1204 has strong support.
so bears pls be ready to take profit at that level.

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