Gold broke 1700s and looks like she wants to continue playing lower. After breaking my 1700s zone the next major zone is 1650 long term. Price appears to still be strongly bearish and fundamentals of the economy may be the support to my theory, feds have announced that they are going to increase interest rates to combat against inflation, anytime interest rates...
Like I predicted in yesterdays trade, Gold is in a strong downtrend so in today’s trade I’m going to continue looking for shorts. Price may potentially be looking to reach my 1700 zone, which is an important level.
Ok so gold is now trading below 1725 again and may be heading towards 1700 zone long term. I’m looking for sell position towards that 1700 zone. Price yesterday was also very bearish so I believe she is gonna continue the downtrend.
Gold had a strong bullish run up from my 1725 zone and the next major zone is 1750 zone. Looking for buys up, and aiming for 160 pip profit from my entry.
I’m looking for sells on Gold, she broke my 1750 zone to the upside, which was an important level but she is now showing a ton of resistance at 1760 zone and gold is a very fundamentally traded pair, so we would have to wait for the numbers to come out to see how far she may potentially drop. Gold trade Idea: Gold Sell Limit @1762 SL- 1769 Tp- 1758 Tp- 1752 Tp-...
I’m looking for buy positions on Gold, price yesterday was in a bit of consolidation which is why I didn’t take a position. Now she looks like she’s prepared to make that buy up to my intraday zone at 1760.
Looking for sell positions towards my major zone 1750, price ben in a down trend ever since. Looking for 100 pips gains in the next 24 hours.