Traders,
Gold is facing a longterm red support line which help gold finished with several bullish pattern last weeks.
A new NFP is coming this Friday and rumors about interest rate to rise in July never stop.
Our plan B is to find out another entry opportunity to short gold base on the fact that it is bearish on weekly chart and those events or news thats coming soon.
We still holding a short trade entered at 1318 that hit 1285 as target 2. That trade now is under no risk but just waiting for its third target 1245 which is quite not sure for current situation.
Plan B ,
Long trade follow the daily candlestick , targeting two green line AND CHECK IF A NEW ENTRY COMING FOR A SHORT TRADE .
Less is more!
Gold is facing a longterm red support line which help gold finished with several bullish pattern last weeks.
A new NFP is coming this Friday and rumors about interest rate to rise in July never stop.
Our plan B is to find out another entry opportunity to short gold base on the fact that it is bearish on weekly chart and those events or news thats coming soon.
We still holding a short trade entered at 1318 that hit 1285 as target 2. That trade now is under no risk but just waiting for its third target 1245 which is quite not sure for current situation.
Plan B ,
Long trade follow the daily candlestick , targeting two green line AND CHECK IF A NEW ENTRY COMING FOR A SHORT TRADE .
Less is more!
Comment:
Comment:
The red support go first.
Comment:
waiting signal on blue line.
