Bullish engulfing on weekly candle. Looking for long on 50% - 38.2% FR.
Correlation pair with AU. Follows bearish weekly Strategy.
Weekly Strategy is SELL. Mid month character. Follow trend.
Market is still on ranging mode . If really want to trade this pair, potential is to the downside.
On Weekly price is making Lower Low. Although the weekly strategy is long. Daily shows reversal candle spike high. Price would retrace low before going for long.
Strategy for the weekly shows possible evening star .
Weekly candle shows bullish engulfing . If price breaks last week high so GJ could soar high.