On higher timeframe we are still on descending structure..
However, the market mood is currently confident to move towards prior highs, prior to FEDs upcoming announcement..
We will take a scalp position & a mid-term position on break of 55 lvl. Close scalp @ 70, let rest run to 1910's zone.
EU bounced up, and there isn't much of a correction on this pair. I expect end of this month to adjust itself for creating a lower low on weekly. Also we are at the open of previous week which rejected new yearly highs.
The Gold has been in a selling spree lately, and today retracing above.. i expect import levels to produce scalp opportunity. I have marked important levels that would one can use to get in put(s). Remember to make ur position as breakeven after the trade moves in your direction +$5-$8, as the main trend is still up. We haven't confirmed that our main trend is short yet.