I would hope there to be some retracement on open and during Monday.
Overall my bias remains down further. Levels are there to see. 1794 and 1810 look to be a crucial zone for this week. I have a lower level of 1760 short-term which is not on the chart. Any buyers from Last week will have a load of stops around there so
it wouldn't surprise me to get an up, down then up over this week.
However, this is GOLD.....We could go striaght down to really flush out buyers.
Trading with caution this week until late Monday of Tuesday where the chart usually gives me an indication of whats to come.
Trend is quite obvious. Down.
Just my thoughts. Not trading advice.
Overall my bias remains down further. Levels are there to see. 1794 and 1810 look to be a crucial zone for this week. I have a lower level of 1760 short-term which is not on the chart. Any buyers from Last week will have a load of stops around there so
it wouldn't surprise me to get an up, down then up over this week.
However, this is GOLD.....We could go striaght down to really flush out buyers.
Trading with caution this week until late Monday of Tuesday where the chart usually gives me an indication of whats to come.
Trend is quite obvious. Down.
Just my thoughts. Not trading advice.
Comment:
During the course of the week I will share my trade ideas and trades. I don't usually trade on Mondays
Comment:
Bounce back into the channel and up to resistance. 1805-1810 either holds or breaks through. Lets see
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🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.