So from previous charts, we can see that Gold penetrated the zone deeper with some retracement before it rallies back up.
We are holding our position, target could be changed from 1500 to 1518(?).
We can see previous high is broken when price penetrated our zone.
We are holding our position, target could be changed from 1500 to 1518(?).
We can see previous high is broken when price penetrated our zone.
Commentaire:
With FOMC at 2pm, I still see DXY dropping hence causing Gold to rally higher