Gold fell today because of peace talks regarding the war but has since found its floor which was a previous major support zone and is starting to turn around.
Macd is showing upward movement with a potential golden cross.
RSI is also coming off the lower levels of the oversold state.
Here is the play I will be making on this pair:
P = 1921
SL = 1912 = $9 move 90 PIPS
TP 1 = 1948 = $27 move 270 PIPS
TP 2 = 1960 = $39 move 390 pips
Macd is showing upward movement with a potential golden cross.
RSI is also coming off the lower levels of the oversold state.
Here is the play I will be making on this pair:
P = 1921
SL = 1912 = $9 move 90 PIPS
TP 1 = 1948 = $27 move 270 PIPS
TP 2 = 1960 = $39 move 390 pips