Messy Friday trading as I warned this morning, best not to trade - lots of big firms had a bad day today.
Gold broke the trendline but didn't get further than $1517 an ounce before pushing back up and testing the trendline where we are currently sitting (21:12 GMT).
I have gone short again here looking for TP down to the purple box around $1496 area - here I will go long to catch the bounce trade - nothing fancy.
Wait till next week now and keep an eye on news over the weekend for gaps...
Gold broke the trendline but didn't get further than $1517 an ounce before pushing back up and testing the trendline where we are currently sitting (21:12 GMT).
I have gone short again here looking for TP down to the purple box around $1496 area - here I will go long to catch the bounce trade - nothing fancy.
Wait till next week now and keep an eye on news over the weekend for gaps...