Looking at Gold price and AUDUSD lagging, provides a reasonable basis to go long on the pair.
We are at the lower boundary of the GANN fan, which has support at 0.6596 and the top of it currently lies around 0.7000 mark.
Strategy is BUY current 0.6675 and place stop-loss below 0.6575 for now, and a take profit @ 0.6965.
We are at the lower boundary of the GANN fan, which has support at 0.6596 and the top of it currently lies around 0.7000 mark.
Strategy is BUY current 0.6675 and place stop-loss below 0.6575 for now, and a take profit @ 0.6965.