What can we expect for gold at this year's opening? Well, the trend is bullish in the medium and long term, so personally, although I expect a downward correction, I am going to stay away from entering short. I will look forward to the 2030s area to look for purchases.
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Before FOMC I´ll activate the buy order even ifthe price doesn´t arrive to 2030 eaxactly. We´re already in a buying zone for the rest of the week and midweek of the following.
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If you have not entered in 2030, wait. It can go down to 2036 before continue going up.
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BREAKEVEN FOR GOLD.
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Possibility of RISK: O
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We close the trade in TP1, and breakeven. Be aware price can visit level 2000.
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