GOLD CALM BEFORE STORM
As discussed in my previous analysis, 1918 proved to be a strong rejection point and gave us fine 600 pips profits.
Congratulations to those who followed my analysis.
Looking closely at DX , it is not leaving its ground and still keeps its upward momentum intact, putting pressure on gold .
I have opened my entries at 1850 as mentioned above, considering it should rebound to my respective TPs before making any further downside blow, from where I will be fully biased on bearish momentum and will open my entries accordingly.
My STOP LOSS is quite close for this intraday trade and not risking much.
Congratulations to those who followed my analysis.
Looking closely at DX , it is not leaving its ground and still keeps its upward momentum intact, putting pressure on gold .
I have opened my entries at 1850 as mentioned above, considering it should rebound to my respective TPs before making any further downside blow, from where I will be fully biased on bearish momentum and will open my entries accordingly.
My STOP LOSS is quite close for this intraday trade and not risking much.
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