Dislikedtoday was a crazy day for gold. it did however still respect my analysis. bulls tried 1697.50 and were rejected down to 1659.75 where my daily channel support kicked in and almost immediately knocked price back to where it started. So attached are some charts to support my analysis as always. trade ideas are a. if bears can drive price back below 1675 then a sell limit at 1682.50 tp1 at 1647 tp2 at 1642 more conservative is 1688.50 with same tps. b. if bulls take price back above 1703 then a buy limit at 1697.50 tp1 1715 tp2 1721 more conservative...Ignored
Always expect unexpected.