Hi team,
See detailed EURUSD analysis (linked post) for news relating to GOLD/USD this week. We will see something similar here.
We are hedging on the local support at 1710, and I will sell if we break lower - something I expect we will do in an hours time!
TP levels relate to daily time-frame descending channel.
We will hold a slightly higher SL than usual, given expected volatility at market opening.
Good luck, Trade safe
DrBear
See detailed EURUSD analysis (linked post) for news relating to GOLD/USD this week. We will see something similar here.
We are hedging on the local support at 1710, and I will sell if we break lower - something I expect we will do in an hours time!
TP levels relate to daily time-frame descending channel.
We will hold a slightly higher SL than usual, given expected volatility at market opening.
Good luck, Trade safe
DrBear
Trade active
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Related publications
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.