FUNTRADER-Vera

1606 XAUUSD 4HPLAN Sell after FOMC

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

Hope you guys doing well this Wed when Fed raising rates by 75 basis points.

Gold made a strong correction from 1807-1840 before FOMC.. Today would be good chance to sell it if we got a confirmation that it will finish retesting the bottom zone of the blue sideways box.
A possible ABC swing down to test last low 1800-1807 zone. New low after. 1755 IS POSSIBLE if price breakout 1780-1788 level.

Good luck on waiting for the signal to sell in LONDON OR NEYYORK session.

LESS IS MORE!

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