Dear Traders,
I hope you enjoyed the weekend and charged your energy for a week full of challenges and profits.
Despite my expectations that gold will rise next week, because it did not respond properly to the negative news for the US dollar on Thursday, as well as for the Canadian dollar on Friday. I will follow the price wherever it goes, so I will trade next weeks as follows:
Buy @1966.95 and TP 1969, 1973, 1977, 1985 (If the price go above 1985-1986 I will stay long and my next target will be 1993, 2000, 2009, 2014, 2022).
Sell @1953.44 and TP 1950, 1945, 1938, 1932 (If the price go below 1932-1929 it will drop sharp to 1922, 1912, 1900, 1896).
Wish good luck for all.
I hope you enjoyed the weekend and charged your energy for a week full of challenges and profits.
Despite my expectations that gold will rise next week, because it did not respond properly to the negative news for the US dollar on Thursday, as well as for the Canadian dollar on Friday. I will follow the price wherever it goes, so I will trade next weeks as follows:
Buy @1966.95 and TP 1969, 1973, 1977, 1985 (If the price go above 1985-1986 I will stay long and my next target will be 1993, 2000, 2009, 2014, 2022).
Sell @1953.44 and TP 1950, 1945, 1938, 1932 (If the price go below 1932-1929 it will drop sharp to 1922, 1912, 1900, 1896).
Wish good luck for all.
