theoris

Gold scenario in FOMC may meet. #XAUUSD

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Long term I still believe Gold will meet 2100+
but this period still in retracement step.
Scenario A. may hard to meet after hit resistance Green Trendline ( as I told on the Old idea and in Twiiter )
I think B, C, D may meet in FOMC period.
It means we should sell Gold in short term ( or buy limit on Lower zone )
when profit will move S/L to Entry and Let Gold decision to choose their ways.
Comment: HiT TP1
now move S/L to entry and take partial profit.
after this Let gold should her way
B , C, or D case.
Comment:
Comment: Hit TP2
Comment: Run in Case D. now that why I only should Sell in this idea.

Comments

Nice analysis
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