Gold- Will FED be the trigger for new leg up?
Yesterday was a very quiet day for Gold, with the price fluctuating in a tight range.
With FED expected to make no move on rates, the more important is the press conference after, which could trigger a new rise for Gold.
Technically, things have been unchanged since yesterday, with a high probability of a bottom in place.
As explained yesterday, a clear break above the 1935 zone would expose the 1980 and 1953 recent high as interim resistance.
I remain bullish as long as the 1910-1915 zone is intact.
With FED expected to make no move on rates, the more important is the press conference after, which could trigger a new rise for Gold.
Technically, things have been unchanged since yesterday, with a high probability of a bottom in place.
As explained yesterday, a clear break above the 1935 zone would expose the 1980 and 1953 recent high as interim resistance.
I remain bullish as long as the 1910-1915 zone is intact.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.