Updated View On XAU/USD (15 Apr 2019)
Background: Gold and Silver are being pressed down deliberately (ever heard of London Fix?) and it can easily swing between $1,276 and $1,291.
After hitting TP2 of last week, I am adopting Neutral stance for now. Let see. We have time.
Target(s): Neutral
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)
SHTF: It will use 1274 as strong support.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Background: Gold and Silver are being pressed down deliberately (ever heard of London Fix?) and it can easily swing between $1,276 and $1,291.
After hitting TP2 of last week, I am adopting Neutral stance for now. Let see. We have time.
Target(s): Neutral
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)
SHTF: It will use 1274 as strong support.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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It had swung to a strong support region of $1,277.
Late to short, early to long.
Be safe.