TenFingrs-FX

GOLD (XAUUSD) LONG Incoming Soon. Be at alert (FED News)

Long
TenFingrs-FX Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
After a rejection at the 1955 zone, we would most likely be seeing a 50% retracement to the downside which terminates at 1929.99, a zone that also coincides with the 200SMA on the 1H and 4H chart. The FED news should also serve as a fuel, till after the news, stay safe and make sure your short is at breakeven at most
Trade active:
Stopped at the hourly 200SMA at 1933, a break above 1945 is another entry. Enjoy
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