Depends on price, my move will be SHORT for gold at least until 1739.
For scalping maybe I can go long a bit but major move is on bearish mode. (Its all depend on the price & how market react 1st day tomorrow btw)
Buy limit will be around 0.91-0.92 based on price is below 200 ema on weekly chart.
From there I will go long to 0.96 & it looks that the price will be test. If the price break it will potentially go to around RM 1.005 in extension.
If it doesn't, it may retest RM 0.945.
Daily pivot : 22.9 - 23.00
My move : Long position above 23.00 target at 24.48 & 25.20 in extensions.
Other possibility : Below 22.9 look for target 21.86 & 21.61 downside.
+ Reason : RSI has broken up its 30 level.
Standby buy limit between 22.24 - 22.6 just incase :)
Long position above 1741 with target 1828 & 1863 in extension.
Daily pivot : 1741
My move : Long position above 1741 with target 1828 & 1863 in extension.
Other possibilities : Below 1741 look for downside target 1710 & 1675.
+ Reason : RSI call for a rebound.
My buy limit will be at 1747 - 1760 area.
Short position below 26284 with target 23992 & 23188 in extension.
Daily pivot : 26284
My move : Short position below 26284 with target 23992 & 23188 in extension.
Other possibilities : Above 26284 look for target at 26867 & 27684
+ reason : Immediate trend remain bearish & momentum is strong
My sell limit will be at 25199 - 25530 area
Short position below 28219.98 with target at 26203.5 & 25522 in extension.
Daily Pivot : 28219.98
My move : Short position below 28219.98 with target at 26203.5 & 25522 in extension.
Other possibilities : Above 28219.98 look for 28856 & 29465 as target.
+ reason : RSI is bearish and further downside