Buy the rumour sell the news!?
Selling potential?
If gold breaks below 2566, taking a short upon the fed rate decision tomorrow expecting a soft cut with many expecting a huge spike towards 2300 can see a retracement instead flushing out retail with a nice liquidity sweep regardless scalping potential both ways. macro ascending horizontal has been touched multiple times
looks like a sell opportunity to me IMO.
If gold breaks below 2566, taking a short upon the fed rate decision tomorrow expecting a soft cut with many expecting a huge spike towards 2300 can see a retracement instead flushing out retail with a nice liquidity sweep regardless scalping potential both ways. macro ascending horizontal has been touched multiple times
looks like a sell opportunity to me IMO.
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