Careful of End of Month Character. Potential to not follow Strategy on Weekly. Extra confluence needed.
Careful of End of Month character. Potential reversal are expected if follow weekly Strategy. Check for confluence of Fibo EoT Ft.
Look for price if to break resistance trendline or not. If break go for long, if not will short GJ.
Possible Sell on gold. Sell on high, if not break last week high.
Bullish engulfing on weekly candle. Looking for long on 50% - 38.2% FR.
Correlation pair with AU. Follows bearish weekly Strategy.
Weekly Strategy is SELL. Mid month character. Follow trend.
Market is still on ranging mode . If really want to trade this pair, potential is to the downside.
On Weekly price is making Lower Low. Although the weekly strategy is long. Daily shows reversal candle spike high. Price would retrace low before going for long.