ABCD and the bottom edge of the bearish channel. Suggest to short in the range 1164 ~1172 to 1148 and take your profit. For fomc, gold might touch 1133 or lower and go up for retrace or reversal.
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Seems that it's going to reach 1148 directly.
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in 5 min chart, gap at 1159, short from there
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sorry, 1 min chart
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If you short from 1159~1160, better take your profit around 1153. There might be another wave up to 1166
Trade stängt manuellt:
See the pattern bearish bat, the price can go up to 117x