Gold 14m 29th August
Gold, currently in a very tricky area, we are mid weekly swing range.
Ideally gold should trade to the daily gap, in some cases this has just tapped and since then it has rallied quite hard.
Today if gold takes the buyside on my chart, I will be looking for some shorts back into this impulse higher.
There is NFP this week along with FOMC in a few weeks, this will be the catalyst for price.
Until this time, concentrate on taking confirmed entries
Ideally gold should trade to the daily gap, in some cases this has just tapped and since then it has rallied quite hard.
Today if gold takes the buyside on my chart, I will be looking for some shorts back into this impulse higher.
There is NFP this week along with FOMC in a few weeks, this will be the catalyst for price.
Until this time, concentrate on taking confirmed entries
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