Looking for a rejection on the resistance level before entering a sell, as there is potential for XAU USD to break through the resistance level.
Gold touched the lows of January early in the week but has bounced back and is now at the best levels since last Friday.
The rebound underscores the $1275-$1300 range that's characterized gold for the past three weeks....
EURUSD Sell signal. First take profit level taken, the downside momentum on this pair is still strong, thus making this trade low risk. If the trade was entered when we entered, the chance of loss would have been eliminated as our stop losses are past entry points now.