16. FED or not to FED

Dear fellow traders,

As we all know, the FED will decide today (or not...) if they are going to raise the interest. Due this is very important, it is wisely NOT to trade at the moment. This post is here just to inform you about my advize.

Just to give you some picture of what I am looking at now:

As you see, gold is already showing some kind of volatility. If this is going to rise further I have no answer, the answer that I could have provided was to buy at 1105.5 when it broke the trendline.

Please be warned, a volatile market is coming our way, and it is coming for us, prepare!

Vince Roestenburg
CEO BusinezzTime ©