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GOLD TRADE Long-Plan

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Hey guys,

welcome to my trading-diary.

Today I expect a move up ahead the FED Decision as we might see some manipulation to trap buyers into the market. If the FED is really going to come up with rate-hikes as expected we probably see another move down. BUT... as iti s already priced in, we need to be aware of the FEDs statement. Any hints to further upcoming rate-hikes will be crucial for the market.

If thats the case we will another journey of a pumping USD.

Nontheless, Gold could catch some liquidity at the upside today ahead of the FED.

If I get a setup I will pst it here as an UPDATE!

Let`s see what we get.
Giao dịch đang hoạt động
ảnh chụp nhanh

Taking my first trade!

Exthastuion at top after absorption showing weakness and lower interest in higher prices!
Ghi chú
ảnh chụp nhanh

Clearly shows less open interest at the top. Current move is not based on more auction activity - Reversal more likely
Ghi chú
ảnh chụp nhanh

Real value-areas here. Nonetheless, market can be hard to predict ahead the FED, so I risk less than usual.
Giao dịch được đóng thủ công
Wasn`t able to update as I had an emergency and had to leave the office but since trade has hit X1 (1%) multiple times it could have been very profitable. For me it was just SL BE!
Ghi chú
If you have sticked to the management rules you might have made some profits. I didn`t today.

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