During pre-NFP analysis we have suggested few levels where sell & buy risk can be taken for at least 60- 120 pips favorable move.
By recalling that 2680/2681 sell pre-NFP given 160 pips quick profitable move. 2690/2696 post-NFP Sell Given 160+ pips favorable move.
Coming towards todays/current week stance, we are considering 2695/2708/2733 levels as resistance and unlikely to sustained above during current week. While 2665/2639/2612 can act as support.
President Donald Trump 2nd inauguration is scheduled on Monday Jan 20, 2025, and before that we may see gold is trading between 2733 - 2612 in big range of 121 points or 12100 pips range. Personally, I think strength would give sell opportunities.
Tell about your idea by commenting on the post.
By recalling that 2680/2681 sell pre-NFP given 160 pips quick profitable move. 2690/2696 post-NFP Sell Given 160+ pips favorable move.
Coming towards todays/current week stance, we are considering 2695/2708/2733 levels as resistance and unlikely to sustained above during current week. While 2665/2639/2612 can act as support.
President Donald Trump 2nd inauguration is scheduled on Monday Jan 20, 2025, and before that we may see gold is trading between 2733 - 2612 in big range of 121 points or 12100 pips range. Personally, I think strength would give sell opportunities.
Tell about your idea by commenting on the post.
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