Gold has indeed reached 2430 as expected but didn't foresee that sharp turn and formed a daily bearish candle.
I will not rush into market today as there will be GDP data releasing later.
Will wait for price action at around 2407-2411.
Or if 2390 is broken before Europe trading time, will look for retest opportunity to sell.
In short, won't engage any buy order today.
I will not rush into market today as there will be GDP data releasing later.
Will wait for price action at around 2407-2411.
Or if 2390 is broken before Europe trading time, will look for retest opportunity to sell.
In short, won't engage any buy order today.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.