XAUUSD sell on FOMC? UPDATE!!

2022年9月21日

GOLD 4h has formed a triangular bearish structure that already has broken with a gap. As the price is below the monthly support level, the daily price already has created a series of lower highs with absolute bearish price action, it is a high probability GOLD will continue to drop. As FOMC comes, there is a probability to have a spike to the upside to test the support of the structure as resistance @1667.72 level or zone. Upon rejection, a selling opportunity may arise.

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