XAUUSD VS The Wall of Trump and Moving Averages Round 2: HAMMER!

XAUUSD now has a bullish daily hammer courtesy of Janet Yellen after being rejected from 1260 level. If the bullish momentum continues then XAUUSD might have the weapon it needs to break that wall and the cluster of moving averages but it needs to get back to the fight.

Entry: 1229.02
SL: 1227(Moved to 1229.5)
TP: (tp1) 1246 (tp2) 1251 (tp3) 1260

Any feedbacks are appreciated!

Comment:

Moved SL back to 1227

Trade closed: stop reached:

At least I was able to take some profits off during the Yellen Spike