XAUUSD: If you followed the last Gold analysis we had Daily downtrend and H1 uptrend . right now we have the same direction in Daily and H1 ( both are downtrend) In general: Im going to short the Gold but ( after more than 50% correction in H1) just 1% risk per all trades .
US500: in daily its a great down trend thats what I say short opportunity . nice daily correction + nice down trend (D1) . but the price doesnt show us any weakness in this case I just want to try for long just for short term . its good risk and nice UP trend in H1 and deep correction I will try to buy . theres low chance to see the super higher prices in this...
XAUUSD update : Daily is down trend but still the H1 is up trend we have nothing to show the price going to stop the daily correction ( H1 UPtrend ) notice : no sell order right now! .you can with low risk order try to buy but personally I dont want to buy. I rather to find short opportunity. In General : its still wants to going UP .we should wait to price show...