The USD day has been opened with an 0.2 Advance GDP againt previous 2.0.
FOMC statement has been dovish and I expect GOLD to rise when the dust is settled.
There are 2 ways you can trade XAUUSD:
1) TRADER: Wait for a daily bullish print and enter long at market with stop loss at a daily close below 1180.
2) INVESTOR: Wait for a daily close above 1220 and then enter long and prepare for a long bullish ride.
Cheers
R
FOMC statement has been dovish and I expect GOLD to rise when the dust is settled.
There are 2 ways you can trade XAUUSD:
1) TRADER: Wait for a daily bullish print and enter long at market with stop loss at a daily close below 1180.
2) INVESTOR: Wait for a daily close above 1220 and then enter long and prepare for a long bullish ride.
Cheers
R