Im still not too confident about Longs just yet on gold although Longer term I see more upside I will wait until PA is clearer for me.
Id rather be at the party late than turn up to the wrong house.!
gbp seems strong but I think opportunities may arise lower down however I will follow the price and just take any opportunity as it arrives at my key levels marked. If it proves heavy next week I will wait.
I am watching USD and gold with a hawks eye I need symmetry between them or I will do nothing
Have a great weekend
will be looking for the short side on gold going into next week however if my upper levels dont resist price I will not be doing anything until we get a good rally on daily chart.
Caught a nice play off my pre posted levels on gold. Could move a lot lower short term but im not interested in any holds these markets are too choppy for my liking.
checkout my chart posted 24hrs before you will see perfect reactions at the noted levels.
Have a great weekend
I like the look of 105 from here but no open positions so need a rally to sell into. I don't know if we can tap 112 but shorts there with 113 stop depending on once/if it gets there make easy 5r without micro managing a lower time frame. My own rules are anytime a 5r makes sense I take it.
