Gold To Tumble Post FOMC?

٢٢ سبتمبر ٢٠٢١

In the chart of gold, if you switch to a 1 Hour timeframe, a clear Evening Star Doji is in the making. If it finalizes, it will align up perfectly with the FOMC, causing a tumble in prices. For now, hold your horses. If you have already taken a short position, stick to it but keep in mind that you should respect the SL. Do not overshoot it.