2006 XAUUSD: FOMC is sending message that failing gold?
FOMC do not like to cut rate in 2019. This is a message that against most popular expectation from traders or insinuations.
Gold just happen to reach the top blue zone after this message, but with slightly RSI DIV on the top .
This could be a sign for correction ?
A correction down to a really wide range 1290-1320.
We would probably have signal on GOLD to send soon.
Good luck !
LESS IS MORE!
Gold just happen to reach the top blue zone after this message, but with slightly RSI DIV on the top .
This could be a sign for correction ?
A correction down to a really wide range 1290-1320.
We would probably have signal on GOLD to send soon.
Good luck !
LESS IS MORE!
Comment:
Comment:
GOLD did not make a correction down as we wished.
And we did not short it becoz no confirming signal appeared.
And gold just break through the blue top resistance zone, almost hit 1400.
Better long based on 4h chart entry signal to follow the main trend.
And we did not short it becoz no confirming signal appeared.
And gold just break through the blue top resistance zone, almost hit 1400.
Better long based on 4h chart entry signal to follow the main trend.
