Tuesday 8/25 GOLD Long

GoldOANDA

Description

⋅ Aug 25, 2020 1:44 PM

Consumer confidence and new home sales reports today @10am. Be on the lookout for a break out of 1930-zone; negative figures could drive the dollar lower, Gold UP.

Above 1930 @10am :rocket:
Below 1920 @10am :inverted_rocket:

Comments

OSXManiac

⋅ Aug 25, 2020 3:16 PM

So the numbers are out and we're at 1920, are we bullish or bearish?

BonaFide111

⋅ Aug 25, 2020 3:53 PM

@OSXManiac, Took the short down to 1915 sold it. Looking for a reversal BUY here below 1914 (way below VWAP), Bullish until Thursday Fed talks.

Entry: 1914-
Target 1954+ before THRS open