Friday, November 10, 2017

Good day everyone. It has been a really boring week for XAU. For the ones trading today and tomorrow it will be very frustrating to enter a position and wait for hours to profit for 10 or 20 pips.

 Resistance is @1296 and support stands @1281. I will not open  a new position until when XAU shows signs of taking a direction (either up or down) reinforced with serious moves on EUR/USD and 10 Yr Note.

 Disclosure: Not in a position at the moment. I will asses the situation on an approach to either 1296 or 1280.
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2 comments:

  1. Vipin PutharikkalNovember 10, 2017 at 10:57 PM

    i think its trying to go 1254 ?

    ReplyDelete
    Replies
    1. CesatoNovember 11, 2017 at 5:50 AM

      It is what we have been waiting for, hopefully this time price gets there !!

      Delete

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