BUY ABOVE - 46700 SL - 46560 TARGETS - 46900,47080,47200 SELL BELOW - 46450 SL - 46560 TARGETS - 46300,46450,46300 NO TRADE ZONE - 46560 to 46700 Previous Day High - 46700 Previous Day Low - 46300 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
The price is creating a descending channel on the daily resistance after a bounce on the 0.5 Fibonacci level on the Monthly chart. The price got rejections from the 3k resistance, it's a key level. On the 4h timeframe the price is testing the resistance on 2700$ and the market got rejections from that are. How to approach? For a bullish scenario, I'd like to...
Just saw the impact of FOMC Minutes on the trade. This trade still appears valid. Was taken out in Tiny Stop Profit but got the opportunity to re-enter at 1788 and back in risk-free trade. Watching this closely as I expect XAU to retest daily support @ $1770. Let's see how this plays out. Happy trading
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Assuming no massive gaps... If the prices closes above the very obvious 368 level, I will enter with a target towards 370. I'll be doing longer dated SPY Calls.