thedollarjay

GOLD 250 PIPS LONG OR 300 PIPS SHORT!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The next key level for XAUUSD is 2030-2031.

We wait and see what happens on there

If price hits the 2030-2031 key level and shows signs of rejection we take a 300 pip short to 2000

But if price hits the 2030-2031 key level and breaks out we wait for a retest and take a 250 pip long to 2057.

But let's see what the FOMC Minutes news event later today brings to us.

Follow for more analysis!

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