AU is still in uptrend .
11Aug , it formed a nice PB following down bar.
12Aug Down move might bring price to 0.755-0.762.
0.755-0.762 is a critical bull/bear Fighting/Flipping zone.
if Bull wins, it will head to 0.782xx or further, otherwise expect to dive to 0.747x zone
My Plan,
Currently a bit late to short, a bit early to long
Short upon Bear sign if it ever retraces to 0.77 zone (TP-0.755-0.762, SL-0.78)
Long upon Bull sign if it reaches to 0.755-0.762 zone (TP-0.78x, SL-0.74)
11Aug , it formed a nice PB following down bar.
12Aug Down move might bring price to 0.755-0.762.
0.755-0.762 is a critical bull/bear Fighting/Flipping zone.
if Bull wins, it will head to 0.782xx or further, otherwise expect to dive to 0.747x zone
My Plan,
Currently a bit late to short, a bit early to long
Short upon Bear sign if it ever retraces to 0.77 zone (TP-0.755-0.762, SL-0.78)
Long upon Bull sign if it reaches to 0.755-0.762 zone (TP-0.78x, SL-0.74)