Let's wait for non farm payroll...
I'm out on market at the moment. Need more information on where the market wants to really go.
For the mean time here are my zones.
I won't be entering on the green mark. But if I have shorts, I'll be taking profit on the green zone.
And in case that price goes up, I'll be taking profit on first resistance that was previously a support.
If gold will go to 1964 area, then it must break the top resistance first. Otherwise, for those who "long", we must take profit on these zones first.
I also missed an important piece of information yesterday, that we just touched 1d top bb. No wonder why price strongly rejects on this zone....
To summarize, I'll not be targeting more than 5 pips at the moment as we need to watch what's going to happen on the market. We need more info...
For the mean time here are my zones.
I won't be entering on the green mark. But if I have shorts, I'll be taking profit on the green zone.
And in case that price goes up, I'll be taking profit on first resistance that was previously a support.
If gold will go to 1964 area, then it must break the top resistance first. Otherwise, for those who "long", we must take profit on these zones first.
I also missed an important piece of information yesterday, that we just touched 1d top bb. No wonder why price strongly rejects on this zone....
To summarize, I'll not be targeting more than 5 pips at the moment as we need to watch what's going to happen on the market. We need more info...
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