Short for targets 1945 & 1925
Updated
The long trade achieved target 1974 on a single day as published in previous idea. Price rejected from the resistance area 1971-85. DXY strove to 104.69 high and is showing strength above 104 with higher US JOLTS Job Openings.
Sell Gold for a drop to first target support 1945. Any further rise to around 1955 would be another good opportunity to sell again for 2nd test & break of 1934 to achieve 2nd target price 1925. Please share your opinion/comments. Happy trading!!
Sell Gold for a drop to first target support 1945. Any further rise to around 1955 would be another good opportunity to sell again for 2nd test & break of 1934 to achieve 2nd target price 1925. Please share your opinion/comments. Happy trading!!
Note
1st target 1945 achieved with a bang!! Price fell to 1947.5 from 1983 on Friday itself with strong NFP.
Looking for a pullback to 1955 from 1940 or below.
And for another sell on rise for target 1925 this week.
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