MartijnvGameren
Long

Bullish Gartley Pattern GOLD LONG

FX:XAUUSD   Gold Spot / U.S. Dollar
115 2 4
Entry 1322,87
SL 1309,81
TP 1339,74

When 1332 is hit SL on BE
Trade closed: target reached
is it valid before Yellen's speech?
Reply
MartijnvGameren AlisanHallac
Well, i am in this trade anyways because i like to rely more on TA and not so much on the fundamentals/news reports. If you want to play it on the safe side wait until tomorrow after the speech and see if it holds support around the entry zone. Whatever fits your trading plan.

I am guessing that Yellen will hint towards a rate hike but i am not expecting a lot of market turbulence (I didn't do a lot of research on the matter because, like i said, i don't like to focus on that, so don't take my word for it ;) ).
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