GOLD XAUUSD LINE CHART

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GOLD XAUUSD LINE CHARTXAU / TetherUS PERPETUAL CONTRACTBINANCE:XAUUSDT.PShavyfxhubThe 4hr chart viewed from line chart is giving buy potential if buyers can break the 4hr descending trendline,the next supply could be around 4425-4435 zone based on the 4hr structure. The next supply on 4hr will be 4500-4580 zone . Technical breakout of the current 4hr Demandfloor from our line chart due to FOMC and fed chairman Kevin Warsh hawkish rhetoric’s will sink gold into 4hr demand 4200-4160 zone . If the bearish sentiment kicks then follow the descending trendline which has provided a clean and perfect sniper entry at 4000-4027 zone.the next technical touch on the trend will still be a buy respectively in the zone of 3800-3850 on the descending trendline. However 4078-4087 structure should be watched from 15min chart. Disclaimer;for education purposes only,avoiding FOMC doesn’t mean you are weak or lacks strategy,it simply means you are in trading for a long ride.today will redefine the future of many trading capital,some will grow by 10x while some will be broke by 10x. Tomorrow is another day. Think like a hunter,your broker is watching your account,if you win,he wins ,if you loose he still wins..your broker is the only one who works out FOMC a winner. #fomc #gold #xauusd.