My Trading Plan:
After a huge drop from yesterday, the price went down 1855 level before the chart shows buyer's strength again.I believe now is the right time to hit the buy order and wait for a week.
My lot size would be 0.02 and leave wait at least next week to close.
Do own analysis, monitor US dollar and US economic news. USD and Gold always chase each other on the opposite side.
After a huge drop from yesterday, the price went down 1855 level before the chart shows buyer's strength again.I believe now is the right time to hit the buy order and wait for a week.
My lot size would be 0.02 and leave wait at least next week to close.
Do own analysis, monitor US dollar and US economic news. USD and Gold always chase each other on the opposite side.