Loii

GOLD MIGHT RANGE UNTIL BRIEXIT

FX:XAUUSD   Gold / U.S. Dollar
703 3 14
GOLD             MIGHT RANGE UNTIL BRIEXIT.

hard to say where we will go on this thurs-friday but expect mayhem. Could be both bull or bear . Tues-thurs expect a range market. Thurs we might have some volatility but its June 24th is went the briexit result is released.

TRADE RECOMMENDATION: scalp the range $1280 to 1290. price can go as high as 1299 but i doubt we will break 1300 before June 24th.
Comment: Range is now $1280-1294
Comment: we broke lower earlier than expected!
GOLD BEARISH CYCLE
what if no brexit ? what could be the range??
Reply
Loii isaac312
we wont know that until june 24. i would expect it to go down if no briexit but that depends on market senitment
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Hi, I'd say you are right,,will range to the wedge lines top and bottom until more is known, then likely up if exit and down if remain..After this, depending on result,we have The Feds int rate saga,,then I guess, the run up to the US election....what comes out of the Eur result will, can make things very volatile, stay or go.. Just my thoughts...thanks for your hard work..Ron
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