This week all traders surely focus on FOMC statement.Well i predict that this time FED will not hike rate as many FED members like Janet Yellen and Dudley said that now they are not ready to hike rate yet,they prefer to do so in June FOMC.Hence, this will bring market sentiment into short USD this week as FED remain rate.But this sentiment will not last long as we know that June maybe is the time FED will hike rate.So i would LONG XAUUSD and take profit at the time when FOMC statement released.
SL at 1217,TP1 1248,TP2 1260 Good Luck bro.
Komen
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almost hit tp1~kindly apply breakeven if u waiting for tp2.Thanks