Gold Spot / U.S. DollarUpdated Gold scenario in FOMC may meet. #XAUUSD
Long term I still believe Gold will meet 2100+
but this period still in retracement step.
Scenario A. may hard to meet after hit resistance Green Trendline ( as I told on the Old idea and in Twiiter )
I think B, C, D may meet in FOMC period.
It means we should sell Gold in short term ( or buy limit on Lower zone )
when profit will move S/L to Entry and Let Gold decision to choose their ways.
but this period still in retracement step.
Scenario A. may hard to meet after hit resistance Green Trendline ( as I told on the Old idea and in Twiiter )
I think B, C, D may meet in FOMC period.
It means we should sell Gold in short term ( or buy limit on Lower zone )
when profit will move S/L to Entry and Let Gold decision to choose their ways.
Note
HiT TP1now move S/L to entry and take partial profit.
after this Let gold should her way
B , C, or D case.
Note
Note
Hit TP2Note
Run in Case D. now that why I only should Sell in this idea.
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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.