After breaking uptrend since few weeks ago, gold has broken through the downward path and is on it's way towards the green line (1170 to 1180) after doing from the red line (1219 to 1225).
Catalyst: Interest rate hike
Comment
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Still on track. Short around 1221.
Trade closed: stop reached
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No rate hike. Fail.
Comments
pongbao
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Bearish butterfly spotted. Short at 1221 level.
pongbao
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NFP numbers will make the difference today. Short call still in place.
Bearish butterfly spotted. Short at 1221 level.