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GOLD before the FOMC Minutes
Today we're expecting the FOMC Minutes, which are very likely to cause some moves in price.
In the last few days we've been talking about a possible reversal on GOLD.
This will be a good moment for such an event. We could see price fluctuating and then maybe a downfall in price.
The ideal scenario is still seeing price above 1800, then to wait for a reversal candle and then a drop from there.
We will be looking for a move down and below 1700, and if this will happen then market shouldn't break above 1830.
Follow us to see what happens next.
In the last few days we've been talking about a possible reversal on GOLD.
This will be a good moment for such an event. We could see price fluctuating and then maybe a downfall in price.
The ideal scenario is still seeing price above 1800, then to wait for a reversal candle and then a drop from there.
We will be looking for a move down and below 1700, and if this will happen then market shouldn't break above 1830.
Follow us to see what happens next.
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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