XAUUSD : Post FOMC Minute with Hawkish stance
Updated
In distressed FOMC announcement, Gold broke the technical support of 1250
Beside Cup and handle on 5M chart (Intraday).
I believe it was healthy correction and bull run is still Intact.. Unless 50 breaks again.
In 1hr chart I see gartley with unconvincing harmonics.
Though I would bet long from here targeting 1260 and 1276
I believe DXY is ranged between 95.5 - 92.Unless 96 breaks to go 100.
Beside Cup and handle on 5M chart (Intraday).
I believe it was healthy correction and bull run is still Intact.. Unless 50 breaks again.
In 1hr chart I see gartley with unconvincing harmonics.
Though I would bet long from here targeting 1260 and 1276
I believe DXY is ranged between 95.5 - 92.Unless 96 breaks to go 100.
Trade active
Long from 1246Note
Note: I am short from 1275 as well. Playing both sides.Note
Just Shy of 1260Note
Tried to test 60 again in Pre US session.50 is holding gracefully.
let see if it can bounce back.
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