Purple box is TP1, Green box TP2.
You can see that price respects our levels really well on gold, these are levels that have been drawn on our chart for months and price just keeps coming back to respect them time and time again making it easy money.
Now we have loads of news surrounding USD throughout the day so I would trade with caution as there will be a lot of volatility, but we are still looking for some bearish movement today.
And always trade with correct risk management!!!
You can see that price respects our levels really well on gold, these are levels that have been drawn on our chart for months and price just keeps coming back to respect them time and time again making it easy money.
Now we have loads of news surrounding USD throughout the day so I would trade with caution as there will be a lot of volatility, but we are still looking for some bearish movement today.
And always trade with correct risk management!!!