GLD Trade Setting Up Here + UUP, AUDJPY Pre FOMC

Update: The biggest trade set up in the history of GLD (gold etf) might be forming through a symmetrical triangle. It is being squeezed to the point of no return and will break soon with momentum. After the commodity currency $AUDJPY sold off to 78 last night, it quickly reversed earlier this morning and broke above 80 resistance. It is trading at 80.10 and awaiting the Fed and will follow commodities +/- Australia/Japan economic data and debt. It hit the 2 year 50% retracement level a few days ago. UUP is down 0.59% and awaiting a catalyst (yesterday's post on technicals/recent volume). Get ready for some action.

GLD At Inflection Point

$AUDJPY Rallied Back Above 80 (Fxstreet.com)

UUP Selling Off pre-FOMC