I have been traveling, and still am. Market has moved the pair far lower than I previously suspected, due to the fact I felt GOLD should move lower, and the opposite happened.
Now, stochastic is very low, and other indicators suggest we may see a turn around the corner. Of course, at the same time, we are near support 18.3750 and below would open the direction towards 18.2000 support.
Strategy BUY @ 18.3700-18.4000 and place SL tight below 18.3450. If executed, we BUY lower @ 18.2650-18.2800. Profit order @ 18.5350 for now. This is GANN resistance area.
Now, stochastic is very low, and other indicators suggest we may see a turn around the corner. Of course, at the same time, we are near support 18.3750 and below would open the direction towards 18.2000 support.
Strategy BUY @ 18.3700-18.4000 and place SL tight below 18.3450. If executed, we BUY lower @ 18.2650-18.2800. Profit order @ 18.5350 for now. This is GANN resistance area.