Gold swing trade

26 Oca

Gold took out equal highs around 2720 on higher timeframes. This could act as a possible liquidity grab to go short and take out buyers. BUT... we can only watch the behavior at current high against the previous high as fundamentals are king.
Technically, 2720 is a strong support and price can bounce to continue with up trend.

27 Oca

İşlem aktif

Watch out for gold.

29 Oca

İşlem elle kapatılmış

FOMC news is likely to be positive or negative for gold. We stay out until the next business day for a clear market analysis.

29 Oca

Not

Gold can be very volatile so proper risk management is encouraged.