AliSignals

XAUUSD: FOMC will drive the markets, A fake breakout tale!

Short
AliSignals Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

A fake breakout out of trendline may happen!

FOMC meeting could devaluate this setup.

While There are more buyers in the market today. we expect a reversal from around 1945.00.

There is one entry and 2 TPs for the gold.

Levels calculated order_block, regarding support and resistances, channel and pivot points.
Comment:
TP1 HIT!

Comment:
Waiting for nest TP

Trade closed: target reached:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.