As I said last week ....AU started the descent as we anticipated last week when it hit the trend channel line! AU has rejected again from the trend line as I said last weeks and in the long run I will continue to look for SELL for 700-1000 pips even if it will have a period of range in this area! For this I will wait for a close even on a day below 0.76700
THIS WEEK...The AU closed below 0.76700 and even if it may retest once again the very strong resistance in the trendline area, the drop of 1000-1200 pips that we anticipated in the last weeks has started!
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GREAT ATTENTION: Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL! We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice.
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