This is a risky one as we’re in a downtrend but we’ve had a massive bullish move in the Asian session and DXY has gapped down on opening which could lead to more downside. I got in a gold buy at 1647 so SL is now into profit and I’m holding this today hoping for 1670/75 and beyond…. Let’s go bull !
As published previously last week we have had the retest of 1650 and we have closed the week below, I’m expecting an attempt to break back through the 1650 support turned resistance early this week, will it hold and continue towards 1700 or are we going down town! My monies on the 1670 zone being tested first
There she goes …. Downtown! A tip for anyone who wants to listen, you need to be able to adapt in this game, the old me would of held on to that buy this morning till I was blue in the face. Instead I realised it was rejecting at resistance so took profit and changed to a sell. Also I would recommend sticking to 2 - 3 max pairs as you will get to know how they...