Good evening gold gang!! hope you are well.
After another day of smashing the targets .. heres what i can see for the asian session.
Price is heavily bearish on all timeframes other than monthly .. so i can say that sells are preferred. This doesnt rule out buys .. we just have to be careful not to take them too close .. we need confirmation of bullish intention first.
Price right now is at a strong daily level .. breaking this would mean a move down to the next level and even possibly to the 1915 area.
Big news tomorrow with fomc .. so its possible to see price consolidating during the day tomorrow waiting for the news in the evening (gmt)
Ill be here to update you on my findings as i find them .. as always
Have a good session asian gang!
tommyXAU
After another day of smashing the targets .. heres what i can see for the asian session.
Price is heavily bearish on all timeframes other than monthly .. so i can say that sells are preferred. This doesnt rule out buys .. we just have to be careful not to take them too close .. we need confirmation of bullish intention first.
Price right now is at a strong daily level .. breaking this would mean a move down to the next level and even possibly to the 1915 area.
Big news tomorrow with fomc .. so its possible to see price consolidating during the day tomorrow waiting for the news in the evening (gmt)
Ill be here to update you on my findings as i find them .. as always
Have a good session asian gang!
tommyXAU