HedgerowNepal

Gold Class today for historic "SEPTEMPER"

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The shiny yellow metal trading with full bear potential, which is meant to be limited as FOMC scheduled later at 2:00 NY Time.
Potential Areas:
$1186
$1198

Tradings are recommended to be taken with breakout strategy to either direction.
Along $5 of stops.
Positions to be hold till LME session the next day.
Trade active: Here, $1198 potential area as been captured to encounter till $1180, the shiny metal is setting up the fuel to ride bull where hurdles will be held at $1186 itself and $1192.
Continue..

Plan B consists of taking some long positions with every $4 of price drop.
Stop Loss can be positioned @ $1171.
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