Gold has been in range at the moment the HH of day week it created when it reached 2670 and then dropped to 2645 level. Currently ranging between these two levels. What we are thinking here is that there is possibility that price continue the range until the friday when we have nfp. That will be crucial for the price to decide its future trend.
Trade closed: target reached
We had anticipated price to reverse from 2610, however it fell a bit lower than that level and reverse from 2604. After rejecting, price reverse and hit the target. Which helped us gain an enormous amount of pips totalling at 1300+ pips.
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