Gold XAU/USD (Watch Out On FOMC of Week 18)

22 апр. 2019 г.

Updated View On XAU/USD (15 Apr 2019)

First: You can go read my previous analysis if you want. I do it weekly on Gold.

Background: In the last analysis, I mentioned that Gold can swing back down to $1276-$1291. It had run its course we are meeting some decent support "finally".
It may well be a beginning of the up move but no one can be so sure about it. Make sure to give a thought for possible further pull down too.

Keep your eye on the FOMC of week 18/2019. This is where the Epi center is going to be.

To conclude, I am still holding my bullish bias with great caution and no aggressive at all.
Attack slowly. We have time.


Target(s): Neutral
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)

SHTF: It will use 1274 as strong support. You either hedge it or your SL have to be way lower than the level.



DYODD, all the best and read the disclaimer too.
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Thank You!



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25 апр. 2019 г.

Заметка

Updated View On XAU/USD (125

The market made a nice whipping to hunt out traders who put the SL near 1270 region in early week.

We still need to exercise caution as always.

To conclude, I am still holding my bullish bias with great caution and no aggressive at all.

Attack slowly. We have time.


Target(s): Neutral
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)

All the best.