From my window there is two different senario on gold and two critic values (1485 and 1511)
Senario no1: Gold will move up till 1511 and continue rising till upper fibo level or return 1490's again.
senario no 2: At opening Gold will break down resistance level 1484 afew pips down and returns 1484 for a big fall
So what we can do?
1) Do not hurry!
2) monitor 1484 at start up.
3) Good hunting
Senario no1: Gold will move up till 1511 and continue rising till upper fibo level or return 1490's again.
senario no 2: At opening Gold will break down resistance level 1484 afew pips down and returns 1484 for a big fall
So what we can do?
1) Do not hurry!
2) monitor 1484 at start up.
3) Good hunting
Trade active:
It is going for 1550. Good hunting
Trade closed manually:
Buy Entry was 1491 close at 1506.