Keep an eye on Gold (XAUUSD) .....
I am anticipating a break of structure of the daily (down)trend. I will be looking for shorts around the 1306.000 zone (which is also the D completion of the 2H bat pattern) before going short.
My bias is that price will retrace to the daily 38.20% or 61.80% retracement level before continuing its new rally.
Feedback welcome x
TMC
My bias is that price will retrace to the daily 38.20% or 61.80% retracement level before continuing its new rally.
Feedback welcome x
TMC