ferrarigold

Not sure what side to pick with? Why Not Both XAU BUY/SELL

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
theres a lot of chatter of which way the trend will go for tomorrow fomc. in my opinion these pockets provide simple perfect trades for anyone looking to enter. The trend lines are shown in white. Price broke above resistance once but failed again multiple times leading me to believe it is headed towards a sell. However right now is london session and its too early to tell. Perfect trades will be buys above the green lines and sells below the red lines. The yellow line represents a threshold. If trend doesnt break past then its most likey about to reverse and you should take profit
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