XAU/USD LONG TRADE BEFORE FED RATES

On this trade, we have a bullish setup after the price broke a bullish trendline and bounced off the intersection of two trendlines. I positioned myself long exactly after an H1 confirmation at the 1955 level. I've set the target around 1990, where we have a FVG (Failed V-shaped pattern), which indicates a possible zone for a short trade in case there are appropriate confirmations. Leave a like and let me know your thoughts. Greetings from Nicola, CEO of Forex48 Trading Academy.