Remember this :
Gold made more than 150 pips from 1583 to 1562.
And we already open a buy order before Fed rate decision.
This buy order already hit TP1 1580 with 90 pips profit.
This channel on this 4h chart is giving us an idea that GOLD will rise up again to challenge 1600 on its 5th wave inside the channel.
This is a textbook analysis that GOLD is consolidating a resistance zone so far. By doing that, it will test any price of the green zone and a new high could happen if there is any big event happen.
Good luck on finding ur entry.
LESS IS MORE!
Gold made more than 150 pips from 1583 to 1562.
And we already open a buy order before Fed rate decision.
This buy order already hit TP1 1580 with 90 pips profit.
This channel on this 4h chart is giving us an idea that GOLD will rise up again to challenge 1600 on its 5th wave inside the channel.
This is a textbook analysis that GOLD is consolidating a resistance zone so far. By doing that, it will test any price of the green zone and a new high could happen if there is any big event happen.
Good luck on finding ur entry.
LESS IS MORE!
