Two options for FOMC

FX:XAUUSD   Gold Spot / U.S. Dollar
657 8 17
After a bad week for my own trading (3 looses / 1 stopped at BE / 1 winning trade) on XAUUSD             , i'm still convinced that gold             could reach 1355/60$ again before starting its new bearish trend .
If i'm wrong, i'll looking for a pullback on the previous channel on 1265/75$ area, representing a drop of $ 100 from the July high (zoom out to see the channel)

Good luck in your trade.
Comment: Two long actives at 1302 and 1311.
Always expecting a spike on 56/57
Comment: Didn't get a new high to short, but target is reached.
Long 66.
Trade closed: target reached
Hi Pixi, Thank you for your best forecast. I'm egree with you.I think Price After 1352/56$ level seen will pullback from 1280/70$ area in the next 2-3 weeks.
Hello, Pixi! Thanks for update. Sorry but haven't take it. Are you expecting drop to 1300 area with the possible spike to 1356 before?
pixi FreshOilTrader
Hi FreshOilTrader, I would have preferred a weekly close well above 1336 to "play" this setup on monday open. That's said, my invalidation price is 1322, below it'll turn finally bearish.
+1 Reply
Got it! Thank you. Good trades to you and superior weekend.
Perfect... :) Exactly as I thought. I found those two harmonics there two. Strong point for reversal. Thank You for master Chart
looks like white swan pattern
VRShaiju Cornhub
121 bear is white swan :)
Cornhub VRShaiju
i need to learn more from you guys..XD
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