Jack Teach you how to trade XAUGBP by looking at XAUJPY
Gold Reversed against GBP and JPY
We can observe that the XAUJPY dropped faster than XAUGBP,
therefore we can consider to sell XAUGBP
by using XAUJPY as our "indicator"
XAUJPY already falls to Point A
so we can expect the XAUGBP will fal to Point
A' as well.
We can observe that the XAUJPY dropped faster than XAUGBP,
therefore we can consider to sell XAUGBP
by using XAUJPY as our "indicator"
XAUJPY already falls to Point A
so we can expect the XAUGBP will fal to Point
A' as well.
Comment:
Pull back coming
Comment:
NICE FALL FROM 1248
ALREADY 120 PIPS
ALREADY 120 PIPS
Trade closed: stop reached:
Due to FED rate cutting, Gold / USD breaks up an this drives xaugbp goes higher
SL triggered
SL triggered