With positive sentiment on USD again lately, gold continues to plunge down. Riding the trend but might immediately close my short position once it reaches S2 pivot line, or once it shows any signs of reversal.
www.dailyfx.com...ine-PRtech.html?DFXfeeds=f...
www.dailyfx.com...-Jobs-Data.html?DFXfeeds=f...
Daily:
Weekly:
Confidence: C (might reverse sooner than expected especially if there will be sudden negative news about US or that impacts USD and third rate hike expectation)
www.dailyfx.com...ine-PRtech.html?DFXfeeds=f...
www.dailyfx.com...-Jobs-Data.html?DFXfeeds=f...
Daily:
Weekly:
Confidence: C (might reverse sooner than expected especially if there will be sudden negative news about US or that impacts USD and third rate hike expectation)
Comment:
www.dailyfx.com...-srepstans.html?DFXfeeds=f...
Trade closed manually:
Sell stop closed manually before news about Yellen to reduce risk exposure.