will be looking to sell the gold at 1259.26 if it cannot break resistance. from previous price action there is a lot of consolidation in this zone so patience is key. fundamentals may nudge it out of the zone.
if the price does pull back to 1240.88 i will be looking for the swing up back to 1259.26 and beyond this level too with first targets of around 1279 then 1294 and even up to 1320.
if price does not pull back and break of resistance happens this is where i feel a pull back to 1259.26 res used as support will be retested and will be looking to buy into the up trend.
if the price does pull back to 1240.88 i will be looking for the swing up back to 1259.26 and beyond this level too with first targets of around 1279 then 1294 and even up to 1320.
if price does not pull back and break of resistance happens this is where i feel a pull back to 1259.26 res used as support will be retested and will be looking to buy into the up trend.
Comment:
Caution for NFP this will ruin your trade. Keep stops at normal levels if we vet stopped out With profit in the bank if not then it it will help our trade get there.
Comment:
Get not vet 😂
Trade closed: target reached:
Target 1 hit target 2 didnt make it topped out at 1291 ish still monster pips in the bank there from the pull back.