Euro oziie has pulled back to demand
I will be looking at PA in this area to go short. We have already had a couple H4 candles close with no movement, will have to confirm if this is just a sideways consolidation or a real stall before a drop.
Line in the and is here, will watch for reaction at this level
Looking at the weekly, I think we will be heading down, I will be short biased on gold.
Watching this in correlation to DXY at swap zone
The Dollar index has reached the swap zone, This area could offer a good bounce short term, or even a turn around. I will be watching the usd pairs as some are at key levels on the weekly too.
info on chart
I will look at the PA if we get back to the green line area
Will see how it behaves at in this area