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Annette
Sep 6, 2016 1:51 PM

Next FOMC no rate hike Long

GOLD / U.S. DOLLARICE

Description

Bollinger finally cross 200 MA for the new trend. Holiday finished and concens about the market are still there. Draghi and Yellen, help by Fisher & CO will turmoil the situation, giving us the possibility to buy and sell until the end of the month. FED can suggest other intervention or political theats with a possible little drop, but the unpleasent emotion driven by uncertenty, will rise the gold price.
Comments
Annette
We broke down the line Yesterday but it wasn't the right moment, next week we can profit from more turbulence
Annette
We still have a bumped road before the 21rst, but the no rate hike will rise again the price. Waiting a break down to buy more long for the jump.

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