In mid September we published a blog suggesting further weakness of GBPUSD amid a major zigzag* correction. As the intervening wave B had not been clearly completed at the time, our initial estimated target area was 1.5700-1.5800. Please see the blog here.…See More
GOLD:The yellow metal is strongly consolidated below the price level 1205.54. Gold is unable to cross this level since two days. The poor gold is locked between critical ranges 1208-1186, since couple of days. Fibonacci retracement is indicating a strong drop, due to the last resistance 61.8%.Recommendations:Sell Below 1205, Expected Targets 1193, Stop Loss 1211, BOB 1212.Other scenarioBuy near 1193, Expected Targets 1202, Stop Loss 1185, BOS 1184GBPUSD:Strong Bullish sentiments are founded…See More
2. Do not come to fish traffic to your site; Do not come to get clients
3. Discussing is welcome; Lack of respect is unwelcome
4. Use English at All Times
Any trade recommendations/ideas placed in this site are not endorsed by FXstreet.com. Readers must make their own analysis and trade as per their own analysis, risk tolerance and money management principles.