XAUUSD Outlook 20/9/23 My FOMC forecast

Whats up gold gang! hope you had a good day today with a couple of winning trades in both asia and new york and a tiny loss due to good risk management .. ended in profit and thats what we like

Tomorrows FOMC is a great day in the calendar to get gold moving once again ..

We have price currently ranging around the algo level awaiting propulsion .. and id like it to be bearish

I have been bearish on gold for some time now following HTF structure and dollar strength .. so id like to focus on sells again tomorrow

Stronger sells for me would be clear of that little price range on the chart with a retest ..

buys there also but counter trend and always a little riskier, stay frosty

ill update more during the day to what im thinking .. so dont miss out and make sure you follow

drop a like too!! help promote my page for others on similar journeys

catch you in london

tommy!

Comment:

2 reversals taken from the levels!!! well done everyone

not sure what spiked gold up at NYSE open .. unless there was a news item i missed?

Comment:

fomc completed