Hi Guys,
Gold reached target from last week outlook... As for tomorrow, gold might rebound up to 1497 before going down to test the support at 1484 where a break might lead to 1460... Major trend still bearish, with optimism of the trade talk deal between US and China... Thus, my bias is short with possible swing sell target 1460 or lower... Wait for tomorrow open to see if any reversal from correction / retracement for sell continuation... A sell stop 10 pips below 1484 is possible with TP 1460... Trade safe... May all of us gain...
Gold reached target from last week outlook... As for tomorrow, gold might rebound up to 1497 before going down to test the support at 1484 where a break might lead to 1460... Major trend still bearish, with optimism of the trade talk deal between US and China... Thus, my bias is short with possible swing sell target 1460 or lower... Wait for tomorrow open to see if any reversal from correction / retracement for sell continuation... A sell stop 10 pips below 1484 is possible with TP 1460... Trade safe... May all of us gain...