Short on Right shoulder around 53.60 with target the previous inning support of 51.80. Syria attack and inventory news is discounted .
Choose the side it goes and get your target hit. PS : Trade what you see not what you think
this pair has been very strong even though we have seen volatility in other counters. wait for the direction. Trump has made the market so volatile that all we can do is follow the path where it goes rather than thinking where it can go.
it all depends on 1224 level.. and 1198 level.. look for the breakout and jump to either side
the gold fell from 1370s and hit the bottom of 1120s... very interesting point is it gave a correction till 38.2 level.. now can short and target 1133 again.. no strong fundamental supporting to buy gold
less risk with high profit ratio if we catch the right entry price
break of .7500 is the key level to watch
1hr 61.8 imp level to check for the trend change or continuation. Taking into consideration Yellen Speech related to Rate hike quickly this year is an imp factor to see
correction in gold can be expected till 1193 near around 38.2 fibo level.. i will have a short position from there and target will be the last year support of 1082 with sl of 1227. we need some crisis for save haven demand to rise until stick with dollar