The price of gold has been gradually dropping from 1960 highs to creating lower lows lower lows and higher lows until price broke the 1900 support level. A reversal movement to the upside is currently being formed by price and therefore a new wave of an uptrend is about to start, and I am confident that price will gradually continue going to the upside.
I'm looking to go long on USDJPY. A break and retest on 133.195 level will give confidence to target 134.200 TP1. A Break has been confirmed above 133.195 looking a retest move to validate a buy scalp to 134.200 as TP1
FOMC data and interest rate decision might go bearish with the rate being increased to 50 basis points.
EurUsd Short after buying off from CPI report. TP target looks see EurUsd reach 1.02480 level from 1.03150.
Gold was showing a possible volatile movement on the upside. Good opportunity to scalp some buy opportunities.
Gold promising to buy after selling recently. That's how I see it. What do you think?