Emas / Dollar A.S.Edukasi
This is my setup !
Those of you who are following me will know my logic!
At the cost of being repetitive
1. Gold indicators need to cool down. No asset moves in a linear fashion (except the Zimbabwean Dollar)
2. Trump is a bit ahead in the presidential race and we all know republicans are known for their inflationary policies
3. Stellar ADP jobs numbers and today's unemployment claims reaffirmed that there is no 'hard landing' in the US economy
4. Easing Geopolitical tensions in the middle east
5. India's gold festival season shopping as ebbing out
6. Non commercial Institutions will go long at a lower level so more sellers will come into play.
What are your views? Please share? Let us not trade in isolation.
Thank you for reading!!
At the cost of being repetitive
1. Gold indicators need to cool down. No asset moves in a linear fashion (except the Zimbabwean Dollar)
2. Trump is a bit ahead in the presidential race and we all know republicans are known for their inflationary policies
3. Stellar ADP jobs numbers and today's unemployment claims reaffirmed that there is no 'hard landing' in the US economy
4. Easing Geopolitical tensions in the middle east
5. India's gold festival season shopping as ebbing out
6. Non commercial Institutions will go long at a lower level so more sellers will come into play.
What are your views? Please share? Let us not trade in isolation.
Thank you for reading!!
Catatan
My sell hit .. remember Asia will also catch up on price action .. first stop 2720Catatan
Adjust your stops for NFP news.. we may see some knee jerk and formation of bear flag before resumption south again towards 2695
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