Please don't take this as a signal this is just my analysis. Bouncing between the channel for the majority of the year, also coincides with 200MA resistance - my theory is this will be the last bounce off of the top of the channel. However, with current 'trade war' talks gold could see a bounce to the upside.
Aiming to short at Market 1285.50
TP1 - 1275
TP2 - 1270 area.
SL - 1293 (However, could be extended to the psychological level of 1300 to be safer)
Aiming to short at Market 1285.50
TP1 - 1275
TP2 - 1270 area.
SL - 1293 (However, could be extended to the psychological level of 1300 to be safer)