LaurentWilvyne

VERY Bearish momentum for 2 NOV after FED FOMC

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi Everyone,

why am i telling you this?
this is the 3rd time FED will hiking the 75bps interest rate
we have been through the 1st and 2nd one, the gold got much pressure after the hike interest rate announcement
FED aiming 4,75 - 5,00 % for the 2022 , but it dont sure yet for the december hike , because they need to see the market reaction and the data that will release about the end of november until the middle of december
but we can surely about more than 90% the fed will raise on 2 November 2022 about 75bps or maybe 100bps
because they want to bring inflation down
at least near the level (normally 1,25 -2,25 % inflation is great)
if the inflation going down to at least 7,5% and the interest rates will become 4%, and then interest rates 5% at the end of december its very clear the FED will pivot to make sure they got softlanding
probability it will start slowing down on Q1 2023.

some news you can check it out:
www.youtube.com/watch?v=022mkicq...
www.youtube.com/watch?v=zxGdJKsz...
www.youtube.com/watch?v=zJ3sEeAr...

the price will be very fluctuative / volatile , you should watch your risk management, dont risk more than 1%, there is chance to high then drop
please watch 1722 level, and for me i can see the bottom is around 1532 -1564 .

(please dont risk more than 1% in this trade)
watch your risk management. Good Luck.

i try to always we will keep you all updated . Please don't forget to like, comment and follow to support us, i really appreciate you support !

Goodluck

i'll help you to have a great trade.

Please using good money management.
dont take any emotional trade.

Note:
Dont risk more than 0.2% on trending market
Dont risk more than 1% on ranging market

Wish good luck for all people.

Please help support me by Clicking like button, and if you like my ideas please follow me and support me. i Relly Appreciate it!

i'll make more and more great analysis if this chanel grows.
on Gold , Oil , Nasdaq, SP500 , and some American, China, Japan, Indonesia stocks.

Best luck for you.
Cheers mate!

Thankyou.

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.