NOTE:

The rate hike has already been priced in by the looks of it. However, they're using the threat of war to create havoc across the markets. Please trade carefully, control your lots sizes and always have a risk strategy in place.

As per the report, we've traded level to level up until now, last FOMC got a lot of traders stuck in the wrong direction, you don't want to see the same again. Please trade carefully, trade safe. KOG

That's the long target complete on gold. Now we're waiting for a good resistance to form

GOLD - Break and close above the higher level will negate this. That higher level is open and would be the last chance for bears to bring this back down towards the 1850 level. Threat of war is still looming which is causing havoc across the markets. They're going to make it really difficult to hold positions that are heavily exposed. The only way round this is to test the levels with smaller lot sizes that allow you to be flexible and always, always, always have a stop loss!!

Make sure to take partials

Protect the trade

Yesterdays chart gave approx 100pips on the short

GOLD - Would hope for something like this over the course of the day. As long as we stay below 1900!

Scalping levels (15M)

Not a good idea to get into any trades over the weekend. Now we have this indecisive threat of war, any news over the weekend will entail the market opening aggressively from the get go, maybe even with big glitches.

If something happens Saturday/Sunday markets while markets are closed, It means as soon as they open they will go crazy. If you have unprotected positions or open positions and it goes the wrong way you'll be in trouble.

So before market close make sure to set TPs and SLs on all open positions