I will be looking for entry conformation now that the market has pulled back to retest a 4hr key zone. with the current trend in the market, gold has clearly closed below a 4hr key area after struggling for a while for the price to bounce of of the support. therefore, for now, a retest is highly anticipated with a need for confirmation to short the market.
there is a 50:50 ratio for the market to bounce further up due to daily key support that still cannot be broken. there for conformation is key and a need to hop in the market to 1950.000.
Good luck traders!
there is a 50:50 ratio for the market to bounce further up due to daily key support that still cannot be broken. there for conformation is key and a need to hop in the market to 1950.000.
Good luck traders!