GOLD TRADING IDEA
G'day Guys. How's your weekend?
Today let's start analyzing GOLD pair.
In long term, gold still solid bearish in technically and fundamentally. Based on recent news release.
In short-term, we clearly see here this pair was stuck on sideways position which is waiting for more impulse. In my perspective, i would like to wait either up or down break on the Europe session perhaps.
I reckon, high possibility price break lower but yet its to early as world market still sleeping.
Let's see what happen next on this pair. Cheers
Today let's start analyzing GOLD pair.
In long term, gold still solid bearish in technically and fundamentally. Based on recent news release.
In short-term, we clearly see here this pair was stuck on sideways position which is waiting for more impulse. In my perspective, i would like to wait either up or down break on the Europe session perhaps.
I reckon, high possibility price break lower but yet its to early as world market still sleeping.
Let's see what happen next on this pair. Cheers
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