Keep your analysis clean and simple. Vision wise it gives you a better understanding and clear trading plan.
A technical break should bring a long way down for UJ to test support areas. Illustrated are the possible target levels.
Fundamentally:
USD Dollar finally starts feeling the hit of the FED's decisions
Markets worldwide are in a critical situation
People are feeling scared
Gold broke major resistance areas and it is already on a bull run.
Wait for a pullback to enter this trade!
Best of luck.
Follow my channel for more simple trading strategies.
Trading Simple International
A technical break should bring a long way down for UJ to test support areas. Illustrated are the possible target levels.
Fundamentally:
USD Dollar finally starts feeling the hit of the FED's decisions
Markets worldwide are in a critical situation
People are feeling scared
Gold broke major resistance areas and it is already on a bull run.
Wait for a pullback to enter this trade!
Best of luck.
Follow my channel for more simple trading strategies.
Trading Simple International