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
*** Intra-Daily Trading Strategy: BUY Euro Dollar / US DollarBuy Target: 1.2511Buy Stop: 1.2372 Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.(NOTE: Adjust Stop Loss Price according to your trading risk.)Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A white body has formed as prices closed higher than open.The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white…See More
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