This is an update to my published bias on gold from Monday night pre-London session. As I indicated on my last published idea tagged below, gold broke above my minor resistance of 1241.93, came up and breached higher than my next expected key level 1348.07, although just temporarily to finally make its way back to retest the 1241.93 level as new found support. It has shown enough indication it is indeed holding as new support so I stand strong on my long bias- 1365 is well in sight for bulls, expecting the FOMC news to give us the strong push we need to drive price well into the target area. Will continue to update throughout this very volatile expected Wednesday. Safe trading, see you soon.
Trade closed: target reached:
Few pips short of 1365 but good enough for me, closing out this position. Will be updating of any new setups!
