Hi team,
See detailed EURUSD analysis (linked post) for news relating to GOLD/USD this week. We will see something similar here.
We are hedging on the local support at 1710, and I will sell if we break lower - something I expect we will do in an hours time!
TP levels relate to daily time-frame descending channel.
We will hold a slightly higher SL than usual, given expected volatility at market opening.
Good luck, Trade safe
DrBear
See detailed EURUSD analysis (linked post) for news relating to GOLD/USD this week. We will see something similar here.
We are hedging on the local support at 1710, and I will sell if we break lower - something I expect we will do in an hours time!
TP levels relate to daily time-frame descending channel.
We will hold a slightly higher SL than usual, given expected volatility at market opening.
Good luck, Trade safe
DrBear
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