TradeProperly

A breach of this Triangle - will lead to a 8$ movement

TradeProperly Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
As the FOMC is upon us - the Gold is something I am watching.
In my eyes a breach of any of the indicated levels will lead to an 8$-16$ continuation movement.

I would wait with a Limit Orders and put my T.P at 4$ movement - T.P1 and at 8$ movement T.P2.
Trade closed: target reached:
Both T.P - reached.
The Dollar keeps getting stronger against well...anything.

As it looks right now it will continue at least for the short term - I will set another Idea.

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