Welcome,
Gold is coming off a bit this morning as other commodities recover,
yet the PMs are not doing well and we are in corrective phase.
I maintain my aforementioned levels. We have broken thru tech supports at the 1197 area, buying has been light and many wait for a better price to enter.
The next strong support area is 1168 where another TL hits horizontal support.
I am still short off 1209. US banks are back online. Notice how after the US stock Market opens at 9:30 the prices start flying!
Long On GBP looking for Eur Setup and Short Swissy
Gold is coming off a bit this morning as other commodities recover,
yet the PMs are not doing well and we are in corrective phase.
I maintain my aforementioned levels. We have broken thru tech supports at the 1197 area, buying has been light and many wait for a better price to enter.
The next strong support area is 1168 where another TL hits horizontal support.
I am still short off 1209. US banks are back online. Notice how after the US stock Market opens at 9:30 the prices start flying!
Long On GBP looking for Eur Setup and Short Swissy
DislikedI was stopped out at BE yesterday but I've shorted again today at 1211.05.
The same weekly chart & 4 hr wedge applied.
RobIgnored
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News