GoldViewFX - Market UPDATE - FOMC

Hey Everyone,

As you can see our 1H chart is back in play as we find price playing between both structures with the retracement zone playing support again after riding back up from the swing range.

We have FOMC today so extra caution in managing risk and range.

FOMC PLAN

Newbies should not trade FOMC, as too risky if you have not learnt how to manage swings.

Overall we remain Bullish and therefore even if price drops due to news, it will find its way up again. Therefore, we need to keep this in mind and wait for better entries entry should the price drop. Our plan to buy dips remains in play.

EMA5 is bouncing between 1924 and 1931 Goldturn levels. We would look to see which is broken with EMA5 first to track movement to the next Goldturn. As we stand all our bearish and 1 bull target has been HIT with only 1937 and 1946 left in the range.

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR

액티브 트레이드:

1937 ✅️