Finally price breaks out of its consolidation range, & now we are likely to see some good movement on this pair. Watching for a retest to the broken range for entry. 1300 is an important area I will be keeping an eye on, & price should see a solid downtrend for a good portion of this year!
Note
Pin bar rejection to the 1310 area, where price failed to close above.Note
Bye gold, price broke the range & retested 1325 as in the picture above. 1270 we are on the way
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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.