Few news will move the market today: - EUR CPI (Jul) - CAD Inflation Rate MoM (Jul) - CAD Inflation Rate YoY (Jul) - CAD CPI Median YoY (Jul) - Good news for both currencies could push the dollar to fall a little more and, on the other hand, GOLD to rise a little more - See you later.
My Idea to the final of this week. - SL 2405.55 - *Entry 2390.22 TP1 - 2357.42 TP2 - 2344.02 TP3 - 2317.52 Its always risky trade when Fed talks but, no pain, no gain. No risk no learn. I got my shot.
I see a good opportunity to re-entry on sell and trading against the majority. Last trade i could beat 1:3 RR where the projection was 1:4. Risk Reward 1:3 for this re-entry
Sentiment for strong buy, ISM & FED Rates news coming soon. I see a good opportunity to sell trading against the majority. Anyway 200 SMA must be touch on 4H Timeframe.
Continuation from my last idea. Gold keep rejecting 2033.55 for the second time making a interesting order block in that area.
Starting the next week i see a continuation drop after a small pullback from my last idea.
I never recommend open a trade on Fridays but i will try this little one.
I Keep believe in my last idea. I failed in timeframe but the long position can happen. So i am on it.💢🔥
My idea for next hours on Gold -Gold may be in accumulation in Asia session. - Between London session and New York session, Gold would test last OB after some manipulation price. I could be right or i could be wrong.