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incase of range trade then there is expected range#GOLD... market placed 1907 as day low and bounced back arround 7 points. tomorrow is CPI day, it will be very important specially for #GOLD. before CPI maybe market trade in range if its happen then expected range will be 1914 and 1909. 1909 will be area of the day, it will be your key level, keep close it. holding of 1909 mean you can see again 1920 or sustained breakage of 1909 can leads you towards 1898 that will be support of the week and month. trade wisely good luck
FX:XAUUSD
by AdilHussain731333
still a bearish move expected below 1916 for 1898#GOLD... market trade in range today but as we discussed in our last idea last week that downside we have 1916 as range bottom, and now you can see how smoothly market hold his range bottom line and trade above, now same area need your focus guys, market should retest 1898 before any major move to upside or anyside, i mean if its market bull run then it should retest 1898 or if its bear run then it should trade below 1916 for any further downside, downside and upside areas are mentioned on chart. trade wisely good luck
FX:XAUUSD
by AdilHussain731333
2
Expected range in tomorrow, breakout expensive#GOLD... market drop below 1924 and placed 1914 arround low.. And day closed arround 1916 17 Well closing on this level is shaky closing for sellers actually, According to me I was not expecting day closing at this level, Anyways it's market and it can change your mind anytime. We have range in-between 1921 and 1916 for tomorrow Cash the untill market trade in-between these areas. Eitherside breakage will leads you towards 5 to 8 points. Trade wisely Good luck
FX:XAUUSD
by AdilHussain731333
A game changer level is on table#GOLD... Market just hitt your target area 1920 and hold it.. Guys it will be market game changer level 1920. Keep close it, and do t be lazy here as I told in my perveious idea. If market hold 1920 in hour chart then drop expected towards his supporting area that is mentioned on chart . Jackson hole symposium first day on table, Don't be lazy and use propr stop loss.. Because game will start from tomorrow.. Upside above 1920 next will be 1932 1940 1957 and 1970... Trade wisely Good luck
FX:XAUUSD
by AdilHussain731333
3