Update on my Gold analysis for those following along. :)
I'm still looking to short. Higher time frame structure is still Bullish but I'm looking to ride this down to the 2002 level before looking for more buys.
Rising USD strength should lend for a pullback here although economic data next week will effect the outcome of this trade.
I need strong momentum out of this zone on Monday to consider getting back in at this level.
I'm still looking to short. Higher time frame structure is still Bullish but I'm looking to ride this down to the 2002 level before looking for more buys.
Rising USD strength should lend for a pullback here although economic data next week will effect the outcome of this trade.
I need strong momentum out of this zone on Monday to consider getting back in at this level.
Trade closed: target reached