Gold Spot / U.S. Dollar
Updated

2 scenarios for FOMC

658
2 scenarios for FOMC.
I'm favouring scenario #1 as long as we above 1223
Note
my buy stop triggered. im long 3 lots from various prices $1230 and 1238
Note
most positions are b/e sl
Note
1250 is key level, if we break this, then we should go higher
Note
added another lot at $1240. total 4 lots all b/e sl
Note
if target hits my top, this weeks profit should be roughly 20k aud. if fomc goes down, profits will be a lot less.
Note
still holding my longs! 1238 trailing sl. but only 2 lots left. the others got b/e sl hit
Note
b/e sl got hit at 1238. re-entered 2.5 lots at 1239.09. price action still looks good for bulls
Note
we above pivot of 1245 at this time of writing

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.