Gold crossed the key level of 1704, now is heading to the next level at 1761. But before might comeback to test 1704 and from there decide if will continue dropping to 1645 or bounce to 1761.
I'll be looking for a sell entry when the market open during Asian session on October 5th
I'll be looking for a sell entry when the market open during Asian session on October 5th
Trade closed: target reached:
Selling from 1725 with target price at 1704. Reached 201pips on this trade idea.
Comment:
Now Price is bellow 1704, this area can become a medium resistance, if price don't keep above 1704 can continue dropping till 1645
Comment:
Price reached 1645, beautiful!