Hello guys,
From my point of view, Gold is not bullish but bearish, We had couple of keys level to watch out as now gold is still playing inside bearish weekly channel , i will continue with my bearish bias for now. above 1865 is consider bullish break and we can change course toward 1900++, Short added now for Tp 1660. As per bad data us show on NFP is just a temporary hikes for gold. Overall We had a lot of economic data ahead publish on MID May,
As USD Index , now are testing Weekly Key level.
We can expect bullish dollar in couple weeks.
Gold already hit weekly Supply area, and i expect for bearish continuation after that. Key level for shorting 1850-1865, Lets see how it working out for me. Be reactive not predictive. Im ready to change course anytime. Trade what we see
From my point of view, Gold is not bullish but bearish, We had couple of keys level to watch out as now gold is still playing inside bearish weekly channel , i will continue with my bearish bias for now. above 1865 is consider bullish break and we can change course toward 1900++, Short added now for Tp 1660. As per bad data us show on NFP is just a temporary hikes for gold. Overall We had a lot of economic data ahead publish on MID May,
As USD Index , now are testing Weekly Key level.
We can expect bullish dollar in couple weeks.
Gold already hit weekly Supply area, and i expect for bearish continuation after that. Key level for shorting 1850-1865, Lets see how it working out for me. Be reactive not predictive. Im ready to change course anytime. Trade what we see