nonimonie

nonimonie

Gold is globally bullish but a little retracement is needed to fire it up. I see price dropping to 1910 - 1930 area. I will monitor price action and open buy position with low and predictable risk. I do not see price going below 1860 at least in the foreseeable future. I could be wrong though.

nonimonie

I will open a buy position If you EURUSD pulls back to 1.18400 and have my stop loss at 1.8. However if it breaks above 1.19250/1.9300, i will wait for a slight retracement and open a buy position. My short term target is 1.2 That's my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask...

nonimonie

EURUSD is currently trading below 1.18 Area. I'm looking for a further decline to 1.17 area, where i will open a buy position and hold till 1.2. Kindly leave a LIKE, if you like my analysis. Thanks

nonimonie

I do not believe the pullback is over. I expect price to retrace to 1980 area and then continue downward movement to 1800 area. Globally gold is bullish, but some further pullback is needed before bullish continuation.