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.
❤️Please, support my work with like, thank you!❤️