On events like this it needs to spike, leave wicks, not big bullish or bearish candles.

Looks like the release is already priced in. Now they'll wait for the Q&A session

Not much going on today unless you're in GBP pairs. There is a US holiday so volume will be fading out. We'll stick with the FOMC plan for now.

We had opposing targets on Gold and Silver which is rare (apart from a Gold one below). This could simply be institutional buying on Gold taking it up to drop it again

We need to be careful with this move. The entry for this was below as we suggested on the KOG report. Its not really a good idea to get caught going long up here as we're hitting a resistance level which has held strong in the past

Before:

After:

USOIL - This has got to be the trade of the month.

If you're still in Oil make sure to take some profits

Thats the first target for longs on Gold.

This is where we take a majority of profits and move the stop to entry

We now look for resistance here or a break above the level

And just as we're typing this its trying to break above

We're not in a rush to short this

Silver Before:

Silver After:

Perfect point to point move

We're done for the week. Thank you to all the members in this group who message, comment and like our posts, it really is appreciated.

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