GOLD HAS THE 1250 MAGNET WRITTEN ALL OVER IT
FUNDAS - Markets are is total risk on mode, US/China trade wars no longer affecting haven bids and global equity markets are inching higher. What will spook these markets? Gold is on offer and I don't see it ending too soon.
TECHS - With the selloff lasting 5 days so far, i anticipate a small relief rally back to liquidity where i will be looking for sellers loading the boat again. I think this could be the 1275-1280 spot before price sliding to the 1250 area for the first time this year. 1250 will likely be a major decision point where bulls may start value buying and overruling the sentiment. My short will be based on any rejection in that area.
Happy trading
TECHS - With the selloff lasting 5 days so far, i anticipate a small relief rally back to liquidity where i will be looking for sellers loading the boat again. I think this could be the 1275-1280 spot before price sliding to the 1250 area for the first time this year. 1250 will likely be a major decision point where bulls may start value buying and overruling the sentiment. My short will be based on any rejection in that area.
Happy trading
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.