Ouro/Dólar AmericanoAtualizado Gold - wait for entry confirmation - FED meeting this week
- price broke out of up trend channel last week and retraced several times from trend line
- price holds under 100D SMA = bearish
- RSI broke down from up trend line and showing further down movement
- wait for clear confirmation before entering this trade
On Tuesday and Wednesday the next FED meeting will take place. Many expect a timely increase of the prime rate. If that's the case, the gold price will go down. Should the FED still wait with the next increase, a rapid rise in the price of gold can be expected.
Good luck to all and have a nice week !
- price holds under 100D SMA = bearish
- RSI broke down from up trend line and showing further down movement
- wait for clear confirmation before entering this trade
On Tuesday and Wednesday the next FED meeting will take place. Many expect a timely increase of the prime rate. If that's the case, the gold price will go down. Should the FED still wait with the next increase, a rapid rise in the price of gold can be expected.
Good luck to all and have a nice week !
Trade fechado: objetivo atingido
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.