pipared1

In short, hoping to see gold drop before

Short
FX:XAUUSD   Or / Dollar Américain
I am currently watching gold as it unfolds this week. This week will most likely be a slow moving one as we prepare for the holidays coming up, however; I am anticipating a downward spike preceding a rise to previous structure and finally a fall to the level of 1775.00

News this week heavily involves EUR, GBP, NZD, and USD. Looking for FOMC to make significant moves with high impact around 3pm this Wednesday 11/25 to end the week off at a strong position before market close for the Thanksgiving holiday.

I would like to see price reach 1845.50 and I would then be interested in buying gold until it hits my T/P of 1919.00

Upon our return to the markets after the holiday break, I am looking forward to see the grand rise of gold to my target of 1919.00

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