We are entering a crucial period for precious metals aka the safe havens. Personally, I am bullish on gold and silver, and not so much for USD, regardless of any time period because those are real money.
Comments, criticisms, thoughts, opinions, all welcomed.
Comments, criticisms, thoughts, opinions, all welcomed.
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I am expecting a positive NFP tomorrow (as I'm sure everyone is). Would be a good time to catch XAUUSD at a nice low price to go long. However, I will wary of extreme volatility during this period.
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Approaching NFP and the weekend. I think this idea stays valid as long as there is no upwards breakout here and enters the red zone.
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We got here pretty quickly. There's a rejection off 1285.00 @ .50 fib line. I'm expecting it to rest this level again before possibly heading upwards.
We got here pretty quickly. There's a rejection off 1285.00 @ .50 fib line. I'm expecting it to rest this level again before possibly heading upwards.
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Eyeing a long position at 1274 level.
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Trade closed manually
