Gold Bulls in Control, But a Trap Might Be Coming ahead of FOMC

19 Mar

Gold remains in a strong uptrend with minimal pullbacks, and we are now approaching all-time highs. With the FOMC interest rate decision later today, volatility is expected. Historically, in similar scenarios, gold tends to break its ATH before experiencing a sharp reversal due to increased liquidity.

If this pattern plays out again, I will be looking for potential short opportunities once liquidity is trapped at higher levels. However, the trend remains bullish, so proper risk management is essential. If you are considering shorts, ensure you use a well-placed stop loss and follow your own strategy.

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20 Mar

İşlem aktif

It looks like Gold followed my last idea by breaking the high and dropping. I'm going to keep an eye out for targets and keep you guys updated!

21 Mar

İşlem kapandı: hedefe ulaştı

Looks like gold just had a massive drop, it has much lower to go so we will wait next week for entries as right now we are holding the support!