XAUUSD rallied up after FOMC news and i will be defo looking for bearish bias like this! XAUUSD will meet strong resistance, 61,8% fibo PRZ, demand zone (not drawn) and previous trendline retest. I only made an area, where I will looking or shorts (not demand zone) Wait for PRICE ACTION before sell! Don't forget to trade with proper RM/MM and caution. Good luck
Short Term Correction in Gold.. Excellent Risk Reward
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron