We are currently seeing some weakness in gold
Technicals
Fundamentals
We just had unemployment rate read lower than expected at 3.4%
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On the Weekly timeframe we do not have any strong liquidity swings zones and we are currently in a retracement of a uptrend
Weekly timeframe*
Technicals
- we have a change of character in the sentiment to the downside
- We are seeing some divergencies in to the downside in the oscillators
- Oscillator infliction to the downside
Fundamentals
We just had unemployment rate read lower than expected at 3.4%
----------------------
On the Weekly timeframe we do not have any strong liquidity swings zones and we are currently in a retracement of a uptrend
Weekly timeframe*
Commentaire:
At this point personally I will adjust my SL to 1889.76. Price is still very bullish but this is just risk management for my personal trade
Trade fermée: ordre d’arrêt atteint
C Nicholas Downie