XAUUSD Intraday Technical Plan >M15. XAUUSD ( GOLD/ USD ) Market Update.
Price broke down of 1,560$ support handle at the London open pushing lower all the way to 1,552$. Price is currently micro ranging between 1,555$/1,557$. If orders get in we might see a bounce to 1,560$ followed by a a reversal to 1,550$.
Dailysignals
USD/CAD SELL - 12/10/2017
USD/CAD fell down sharply yesterday, but the move was on small volume. Anyway, given that the price is trading near the lower boundary of the range/support 1.2404 - 1.2428, we should consider the scenario of the breakdown of this mark. If the price breaks down the support on large volume, we can open short positions. A stop loss should be placed above the breakdown volume bar. A potential of the deal is more than 120 pips.
The bottom line: short positions after a breakdown of the support.