GOLD INTRADAY 1510.00
Good morning traders
The market presents itself with a opportunity on gold. Looking at the 1H chart displayed we can see that price stalled around 1485.00 . Looking at the momentum of the market and taking the recent negative development in trade negotiations I expect another push higher where I believe we could hit 1510.00. This would provide us with a 250pip trade opportunity .Keep in mind today we have the FOMC expected to lower interest rates from 2.00% to 1.75% so manage risk well for this opportunity
Happy trading cheers
Good morning traders
The market presents itself with a opportunity on gold. Looking at the 1H chart displayed we can see that price stalled around 1485.00 . Looking at the momentum of the market and taking the recent negative development in trade negotiations I expect another push higher where I believe we could hit 1510.00. This would provide us with a 250pip trade opportunity .Keep in mind today we have the FOMC expected to lower interest rates from 2.00% to 1.75% so manage risk well for this opportunity
Happy trading cheers