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ForexTrendline
Oct 13, 2021 12:04 PM

GOLD before FOMC Short

GOLD / U.S. DOLLARICE

Description

We have been mentioning today's events since the beginning of the week.


The main scenario before FOMC

Price going up to 1790 and then a bearish candle close with a long wick to the upside on the H1 timeframe.

This is when we will enter a trade. NOT BEFORE THAT!

Targets below 1725.
Stops above 1810 or above the wick.
Comments
Samurai_Forex
I have been looking at number analysis for gold for 10 days.
Unfortunately, you're fighting the market.
This is not a principled and professional method.
You can modify it.
ForexTrendline
@Hossein_Elite, okay, thanks!
Tradersweekly
I think it is getting ready for breakout above 1840 USD.
ForexTrendline
@Tradersweekly, we will see about that, good luck!
Tradersweekly
@ForexTrendline, You too, thanks!
syaqrani
Already fomc..can sell?
ForexTrendline
@syaqrani, can't tell you what to do bro
FUNTRADER-Vera
After FOMC.

ForexTrendline
@FUNTRADER-Vera, I agree with your targets, nice one
Rashaurd
@FUNTRADER-Vera, Couldn't agree more
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