Friday was a pretty quiet day for gold (considering 150 pips range a really quiet day for gold s usual volatility) with price trading up and down and hovering around 1950 zone.
Considering price evolution from the past 2 weeks, I will stay on the bear's side as long as the price is under 1965 on a daily close bases and I will try to scalp for 100-150 pips profit.
Levels of support to take into consideration as targets for shorts are 1940 and 1920.
Considering price evolution from the past 2 weeks, I will stay on the bear's side as long as the price is under 1965 on a daily close bases and I will try to scalp for 100-150 pips profit.
Levels of support to take into consideration as targets for shorts are 1940 and 1920.
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