Good afternoon gold gang!! hope you're having a good day
The forecasted sells finally came after the predicted consolidation before news. I took the sells impulsively is it broke the key level and it began to rise up to my first target.
Price continued t rise as the DXY fell and smashed through my target on to my second level (marked in red) .. i have a small runner doing the work now with trailed stops.
This tops off a great week of analysis on gold. You may have guessed by now that i don't do medium term price predictions, i am a scalper and i project what can happen that day. I never marry a bias and im always adaptable .. the way you should be in these markets as we have no idea what the outcome can be.
Have a great weekend guys!! have a beer on me
tommyXAU
The forecasted sells finally came after the predicted consolidation before news. I took the sells impulsively is it broke the key level and it began to rise up to my first target.
Price continued t rise as the DXY fell and smashed through my target on to my second level (marked in red) .. i have a small runner doing the work now with trailed stops.
This tops off a great week of analysis on gold. You may have guessed by now that i don't do medium term price predictions, i am a scalper and i project what can happen that day. I never marry a bias and im always adaptable .. the way you should be in these markets as we have no idea what the outcome can be.
Have a great weekend guys!! have a beer on me
tommyXAU