This is SBSTOCKS.COM take on GOLD this week. looks pretty strong taking in consideration the fall in stock markets, and instability in all over the place.
might be a good idea to take a look on some longs. short term. however this is very aggressive as gold is in a long term down trend.
targets might be on @1119. look for supports on lower time frames, 1h. 4h....
Good morning traders,
This is our take today @ SBSTOCKS.COM on the AUDUSD pair for TUE JUN, the 26th.
IN A NUTSELL: the pair is in a down trend for the past 20 days however a strong pull back 61.8% Fibonacci level two days ago and as you see all the chart a shooting star candlelit steak formation one have happened
Looking at that we may recommend a short position...
