Gold Spot / U.S. Dollar
Short
Updated

XAUUSD: FOMC will drive the markets, A fake breakout tale!

265
Hello traders,

A fake breakout out of trendline may happen!
snapshot

FOMC meeting could devaluate this setup.

While There are more buyers in the market today. we expect a reversal from around 1945.00.

There is one entry and 2 TPs for the gold.

Levels calculated order_block, regarding support and resistances, channel and pivot points.
Note
TP1 HIT!

snapshot
Note
Waiting for nest TP

snapshot
snapshot
Trade closed: target reached
snapshot

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.