Ok, sorry guys, no updates last week as Ive been away, this week we have following BUY / SELL zones on XAU spot gold:
XAU spot gold
| 644 |
| 651 |
| |
| 658 |
| 660 |
| |
| 678 |
| 680 |
| |
| 687 |
| 694 |
This week I favor shorts as well. Looking at GBP USD and EUR USD I would look to short the items, but I can't recommend any solid levels.
USD JPY should have a strong reboung shortly, as there is definite upside potential for this pair (capped at 122). Keep posted coming week.