Good morning, as planned yesterday I bought Gold @1928 (didn´t quite get to 1925) however this is a risky position since the market is still in a bearish mood and therefore the Stop Loss order comes @1918. I would expect a choppy price action today between 1949 and 1930, in preparation for Friday´s NFP release. Money management is the play for the day. Let me remind you that the medium term trendline out of the big rally that began in 1671 comes @1925 so that this is a key level to watch. All levels discussed in my posts refer to Spot Price.
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