Yesterday gold did a nice 300 pip drop which i was looking for it on friday news. Even that I catched the drop as u can see in my yesterday idea.
For today im expecting some correction to 1804/1809 levels. Could be a bit higher to do a retest on ascending trend line.
Dxy Is retesting and I expectec it drop and thats supports my gold correction idea.
After this correction gold could go down again.
For today im expecting some correction to 1804/1809 levels. Could be a bit higher to do a retest on ascending trend line.
Dxy Is retesting and I expectec it drop and thats supports my gold correction idea.
After this correction gold could go down again.
Comment:
Reached only 1800. Really stopped market. Lets see what happens on US session
Trade closed manually:
Bearish flag formed... May go down on NY sesion
Comment:
Nice drop! Did u catch it??