FOMC laid the trap ; real play in actionGOLD (US$/OZ)TVC:GOLDGivtrade_GroupHello Traders while yesterday was a pretty down day on the markets , it was the fakeout before the real move let me explain: Gold has been moving in a descending parallel channel since the high made at $4500 on the third of September. Ever since price has been moving in overall lower lows and lower highs …. Until now. This has flipped and yesterday’s FOMC was the ultimate stage for the trap. During the meeting price went to a low $4240 and ever since the Asia session this morning , price has recovered and gained momentum. Now the ultimate guide for now is the $4340 , bulls should not lose. As long as they maintain this line then we might revisit the $4500 level soon Make sure to tune in , you do not want to miss this one. Make sure to follow!