I took small sell yesterday at $2320 after Daily failed to close above this area. Again this morning the 1 hourly 'retested' $2320. Stop above $2325 with Targets back down at $2280 then $2240..!? ;)
I think $1.08 is critical for this week as resistence and $1.0750 support. A Daily close below this support i would be very interested in enter sell position..! ;) Stops above $1.0800 and TP $1.0600 area.
I think we need some BIG News to move market next week either way..as i am suspicious' on...
Yes. Stopped out today at Breakeven on Friday trade... :rolleyes: Price now at $2320..and will look to see what happens on 4hr and Daily close today!? Its a holiday here in UK so i don't expect too much movement. $2350 is also another level that market could reach this week..especially if...
I want to see Daily close below $1.0750..but looking at my charts market could continue higher to Tag $1.0820 area or slightly higher even..1 It's Tricky..because everybody is looking to Sell around these levels for BIG Short! Next week will be really interesting..around £1.0800 area..!? :rolleyes:
I am biased sell on Gold with a move initially back to $2240. This depends on a 4hr or Daily close below support at $2280. I would need to see a 4hr close 'Above' $2320 to change my opinion. A 4hr descending triangle is forming..BUT with NFP i will NOT be placing any trades before...!? :rolleyes:
Coming to end of month and BIG Data releaseas next week. I am holding Buy on Cable after what looked like an important reversal at $1.23 area. I will monitor EURO for Sell opportunity from $1.0750 - $1.0800..for reversal which is expected...but next week could 'possibly bring some surprises...
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