After the breakout of trend AU has failed to move further up and continues bearish. We have strong support area but my view is it will break and continue lower as my view for Dollar index is bullish.
I would wait for confirmation, after the break retest and see bearish momentum to enter the trade.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.
I would wait for confirmation, after the break retest and see bearish momentum to enter the trade.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.