Gold: Fomc is coming

27. Aug. 2019

FOMC is approaching Sept 17-18.
Traders have lost all their faith in that gold can ever retrace and shorts have been punished over and over.
A breakdown of 1522 on price signals a retrace. Lets see how deep we can go.

27. Aug. 2019

Anmerkung

Ain't starting selling a dime unless price breaks below 1522. I dont want to feed goldbugs in case we just go sideways

27. Aug. 2019

Anmerkung

is a chance that market want extremes here, i have some pivots in other instruments I study Sep 2nd/3rd.
Oil have a pivot then as well as TLT. If price goes up till Sep 3, I will sell no matter what the price is.

18. Sept. 2019

Trade wurde manuell geschlossen

Time factor reached for a low.