XAUUSD-nice impulse forming expecting BAD FOMC news
Hello, my bias is already long on gold and silver.
Here is a nice opportunity to open or add some positions.
We have a nice impulse forming, currently price is sitting at wave 4.
Another reasons
- downtrend trendline broken
- ema55 acting as support
- ema200 acting as support
- ideal 0.38 fib retracement
The party begins in few hours!!
Regards
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Here is a nice opportunity to open or add some positions.
We have a nice impulse forming, currently price is sitting at wave 4.
Another reasons
- downtrend trendline broken
- ema55 acting as support
- ema200 acting as support
- ideal 0.38 fib retracement
The party begins in few hours!!
Regards
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).