US Federal Reserve will release its rate decision later 14:00 EST . at the moment market price in about 18% chances of rate hike. IF no rate hike and market adjust its position to make dollar weaken further . Gold Bull could have an opportunity to buy gold with Big potential rewards.

XAU/USD Day ( 21 Sep, 2016 )

Daily show that 1300 level hold as support for Bull to buy at support after FOMC release its rate decision.

XAU/USD H4 ( 21 Sept , 2016 )

H4 show a potential of 5 times rewards compare to risk R;R 1:5

XAU/USD 15M ( 21 Sept , 2016 )

Entry time frame 15M wait till it break up high then pull back @ 1318 SL 1308 TP 1358

2 thoughts on “Gold Trade Plan XAUUSD ( 21 Sept , 2016 )”

  1. Dalmas Ngetich - FOREX.TODAY says:

    Hi Chan, can you check the monthly chart? there is a double bar reversal. Fed could suprise everyone today and pull a shocker.

  2. Daniel Chan - Forex.Today says:

    Thanks for the head up . Yes a beautiful monthly reversal bar. 🙂

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