What happened?
Janet Yellen made the markets move with the decision of keeping the interest rates stuck at <0,25%.
I captured 885 Pips of profit on this Gold move. Same thing you could have done if you study my material here on TradeReact.com and my YouTube channel.
Trade explained.
The XAU/USD wich is the Gold pair against the USD has risen on this news.
It was news fundamentals driven and a technical logical move.
What happened was a breakout above the previous consolidation range.
Then a continuation push higher. We probably will see higher prices in Gold follow up.
But perhaps not after a first breather of profit taking.
Always trade with smart money management, leverage and entries.
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