Personally will not be shorting due to volatility of market but will wait for buy opportunity
Just an idea
Buy @ 1559-63
Target 1597
Technicals:
-Trend-line has held support on numerous occasions and also strong support at 1550 followed by 50 day moving average. ( wait for price to retest the trend-line)
- Monday / Tuesday usually have counter flow followed by...
Very Bullish on gold. Not only has it held the 1490 support 5 times! but we have now seen the largest accumulation of net long positions from Hedge funds and money managers since July 2016
FEDs hawkish tone has Kept USD strong however large divide in committee will likely shift towards the dovish side as global and domestic conditions worsen further. Lots of...
Potential long term short setup for USDCAD
FEDs hawkish tone has Kept USD strong however large divide in committee will likely shift towards the dovish side as global and domestic conditions worsen further. Lots of data coming out for the US next week which will foreshadow the Feds next move.
Keeping eye on :
USD
TUE- ISM Manufacturing PMI
WED- ADP...
