EUR USD 1 hour chart update
Looks as a retest of
15600 area is coming, however, from that point onwards will continue southbound.
TP targets are
15200 initially and
14800 as the downtrend accelerates
(IF).
SPOT GOLD
What a drop on profit taking, over 100 dollars! My last 2 recommended trades resulted in 25*100
2500 points losses, however recommended spot gold trades this week are a
total of -10+(-15)+30 = + 5
which is 500 points
2 losses resulted because of buying in
SUP ZONE2 (927-945).
Next week, I will post SPOT GOLD setups based both on
weekly/monthly zones confluence, since the volatility is really high lately.
BTW recommended SELL ZONE on SPOT gold missed the top by 2 dollars (1035 and actual top was at 1033). Oh well, better luck next time!