If 1272 holds and gold climbs, I'll be watching 1307 area for possible reversal. If so, targets are marked. Good luck.
Note
The double top stopped the bullish movement. could test 1275 area for 2 wave before continuing. Scalping might be tough with news and too many factors so I may just add additional shorts once wave 2 complete.Note
Good reversal so far. Keep an eye on the lower channel for resistance/support.Note
Well, that was one way to drop down.
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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.