mytrade1602

Next week gold trade before fomc

Short
mytrade1602 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
5
ABCD and the bottom edge of the bearish channel. Suggest to short in the range 1164 ~1172 to 1148 and take your profit. For fomc, gold might touch 1133 or lower and go up for retrace or reversal.
Comment:
Seems that it's going to reach 1148 directly.
Comment:
in 5 min chart, gap at 1159, short from there
Comment:
sorry, 1 min chart
Comment:
If you short from 1159~1160, better take your profit around 1153. There might be another wave up to 1166
Trade closed manually:
See the pattern bearish bat, the price can go up to 117x
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