Hi traders,
If you been following me you saw the call I made before the FOMC news dropped. We are already off in profit but I still will put up the analysis.
We still need a break of the red line in the chart. If you look at the WEEKLY timeframe, a very nice bearish wick is now there and the MACD is about to go HAM on us.
SL is already in profit
Here was my take :
XAUUSD SHORT :
ENTRY : 1311.67$
SL : 1321.21$
TP 1 : 1236.82$
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.