Gold had a tremendous rise from 1780s to 1860s last week, marking a second straight bullish week.
However price has had trouble breaking convincingly above 1863 level, with a strong bearish confirmation formed. Expecting retracement entry for shorts at 1762-1766 level with stops above the recent high.
However price has had trouble breaking convincingly above 1863 level, with a strong bearish confirmation formed. Expecting retracement entry for shorts at 1762-1766 level with stops above the recent high.
Trade closed: target reached:
400 PIPS target hit