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Anyone else notice a possible W formation? This could make a run up to 1427 region again.
U.S. Producer Price Index (PPI) data coming out in an hour's time, might see some big moves in gold. Bad data could be the spur for the W rocket? Let's see.
If we are just talking about the one hour break gold market gets on weekdays, then I look at pairs with strong co-relation to XAU/USD. I will study and observe EUR/USD, USD/CHF, USD/JPY and DXY.
Hi guys, do you all look at other heavily-correlated pairs (such as EUR/USD, USD/CHF, USD/JPY and DXY) when trading gold? I just took a look and I think EUR/USD is going up and USD/CHF is going down. This should mean gold will make a rocket up...I ...
I don't trade Palladium, but I am with Pepperstone too, Edge 05. Did you email them and did they reply? Thanks for sharing.
I'm sorry to hear this....good luck...
Bull flag, this 1412 resistance would be taken out soon in my opinion.
The exact formation I am looking at-if we are correct, gold will attempt to make fresh highs.
Anyone else notice a possible W formation? This could make a run up to 1427 region again.