short from 1215.30
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #36,507
- Jun 2, 2016 12:48pm Jun 2, 2016 12:48pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #36,508
- Jun 2, 2016 12:48pm Jun 2, 2016 12:48pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #36,511
- Jun 3, 2016 1:58am Jun 3, 2016 1:58am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} Update & still on track towards 1170 area, eventually forming an ending diagonal (c). {image}
Elliott Wave for optimum entry, exit and risk management of trades
USDJPY pair has decreased by alot in last couple of days, both we havnt seen any bull for the Gold yet. I am expecting Gold to go North today after the NFP news. What do you guys think about it.
- #36,514
- Jun 3, 2016 5:22am Jun 3, 2016 5:22am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Considering:
- the future vote on Brexit to take place in a couple of days;
- the fact that FED should be influenced only by the economic data (all declaration sustain an increase based on economical indicators);
Politicaly speaking, the NFP should be lower than expected but with several positive comments
.
In this way Brexit vote will take place in a friendly environment (stock up), Chineese market consolidate the up position, and Ms. Yellen wold be happy.
July is the target.
- the future vote on Brexit to take place in a couple of days;
- the fact that FED should be influenced only by the economic data (all declaration sustain an increase based on economical indicators);
Politicaly speaking, the NFP should be lower than expected but with several positive comments
.In this way Brexit vote will take place in a friendly environment (stock up), Chineese market consolidate the up position, and Ms. Yellen wold be happy.
July is the target.