A bearish cypher is forming, gold can gold back down to 1157~1160. For fomc, I will buy from the low as 1150 and short from 1175. If the rate hike is more than 0.5, be cautious.
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Sorry, bullish cypher. Before fomc, buy from the low 115x.
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Structure invalidated, it becomes a bearish cypher, can go up to 1172. Short there.