Gold
I am Slightly Bearish.
We are in the strong downtrend for the past 3 weeks and I am expecting the danger of rebound is getting real as more and more joining the sell side.
If there is any rebound, it can travel up to 1269 to 1279 region.
If you want to short, wait at these levels (or) you can cautiously long toward these levels.
We use FOMC and it will impact on USD and gold.
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Sonic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
I am Slightly Bearish.
We are in the strong downtrend for the past 3 weeks and I am expecting the danger of rebound is getting real as more and more joining the sell side.
If there is any rebound, it can travel up to 1269 to 1279 region.
If you want to short, wait at these levels (or) you can cautiously long toward these levels.
We use FOMC and it will impact on USD and gold.
Press "Like" and "Follow". We will help you become a better trader
Sonic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Note
We are seeing a nice rebound, it must be mainly due to oversold nature of the market. It can rise further for now and I reckon it can travel up to $1269, $1270 level first.
Trade active
GoldWe have NFP tonight and it shall be under "good" category.
It shall spur the "risk on" moment and bring this pairs up for a time being.
I foresee, it can swing up to a decent resistant level of $1269 region
Press "Like" and "Follow".
Sonic
Telegram: t.me/sonictraders
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram: t.me/sonictraders
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.