Hello traders, Gold is currently at a very interesting level.
Strong moves could happen after the FOMC event which is coming
up in a few hours.
📌You can notice a price channel in the daily chart and price
is currently at the top of the channel.
📌You can also see the formation of a bearish daily candle in the
100-day exponential moving average level, which is crucial.
📌If the FOMC statement is hawkish, it will lead to USD strength,
thereby a sharp decline in Gold price would take place.
My recommendation is not to rush with your trades. Instead, it would
be better to wait and observe.
Strong moves could happen after the FOMC event which is coming
up in a few hours.
📌You can notice a price channel in the daily chart and price
is currently at the top of the channel.
📌You can also see the formation of a bearish daily candle in the
100-day exponential moving average level, which is crucial.
📌If the FOMC statement is hawkish, it will lead to USD strength,
thereby a sharp decline in Gold price would take place.
My recommendation is not to rush with your trades. Instead, it would
be better to wait and observe.
Not
Price back above 1930. All eyes on FOMC nowNot
1950 is a major level, a breakout above will lead to strong bullish moves. If the resistance holds, you can expect a fall to 1920 or belowNot
As expected, we witnessed a heavy fall after FOMC. Congrats to all those who made moneyNot
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.