Gold has broken above the daily 20ema for the first time in over a month, and taken out a key role reversal level post FOMC meeting. If the PM can hold above this key level, I'll look for intraday longs there, targeting 1300/08, 1315 and potentially a much larger move towards 1335/50 area (chart below).
SL will be around 1250.
Kind Regards,
Chris Capre
SL will be around 1250.
Kind Regards,
Chris Capre
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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.