Gold trading strategy release September 17 (updated) ~ forex trading books

Current gold prices fluctuated in a narrow range 1231 - 1239. Today, the market received important news from the FOMC meeting, all around plans to raise the base rate by the Fed. Expected to strong impact gold prices.

My personal opinion remains the long-term trend of gold price reduced. However, I expect the market will adjust at higher prices, there may be 1257 or 1274. Following is the trading strategy for gold before and after FOMC meetings.

Gold trading strategy:
Buy stop : 1240.30 USD/oz
Stop loss: 1230.30 USD/oz
Take Profit: 1257.30 - 1274.30 USD/oz

People refer to the trading strategy and do not forget to LIKE, G + 1 support me. Thank all !


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