Im just monitoring this pair at the moment i have a hunch its going higher but i would like to see how it will respond on my key levels first but im 50/50 here need it too move some more to make a decision
Im shorting this pair based on the way its moving on the monthly key levels,its creating lower lows and lower highs so its a sellers market i would look for shorts only and enter the trade on a hourly time frame based on the time and day
Im buying this currency pair based of monthly key levels and the consistent higher highs on a daily time frame, it has higher lows also so i dont want to be caught selling.
Im shorting Gold because its a daily down trend, taking out lows on a daily time frame and making lower highs , i think its a sellers market i would only consider taking longs once a daily time frame high has been violated.