Happy new week everyone! Gold this week on the London session has opened below the daily OP. Meaning it will have the market bearish. On a simple AMD strategy, you can see it will manipulate to the downside, then back by the support level during the NYC session, which will see it distributing towards the 2048-2060 zones. NB: Always make your own analysis
Happy new week people! As the new week starts gold will be looking at covering imbalances created by the NYC market. As the London session starts, the price is below the daily opening and we shall be looking at going short. Thus manipulation, then by NYC time, we will see the price going up! Happy trading. Please take into account that this is my view!