Dislikedhello guys. i am still new to gold trading. hope u guys will help me become a good gold trader . i noticed that you guys waiting for fomc news. if i may know which fomc that we need to focus on? and what to expect?
personally i would think that the price still on correction and will go down for a bit first before it going up. that is why i am still waiting for open timing. am i doing right?
and i also planning on trading for long term. that can be up for few weeks to few months . anything i should focus on? (currently using h4 chart for open...Ignored
Personally I am waiting for daily RSI to bottom before going long-term long on gold which I also believe will coincide with gold revisiting the weekly support line, but, of course, you should use your own judgment.
You can always make money tomorrow provided you don't lose it today.