Bearish divergence on the Stoch. Doesn't look like enough buying power to get above 1300. Should see a re-test of previous resistance/supports (red lines).
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First target reached -
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touched the dotted line (2 month uptrend support) and bounced. Took some of my profits out and moved my stop loss to 1289.
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Bounced from the dotted line, moving back up now. Will wait for re-test of 1286.8 and go long if bounce.
Bounced from the dotted line, moving back up now. Will wait for re-test of 1286.8 and go long if bounce.
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didn't get the retrace. Hit the resistance again. Will see if we can close above the resistance.
USD is very weak hence why XAU pumped. We can't complain though ;)
USD is very weak hence why XAU pumped. We can't complain though ;)
Big ooft