USD strength on risk off mood
Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
GOLD: price consolidating along 'Window'
Information is not investment advice
The market is still consolidating along the 'Window'. There's a bearish 'Tower' pattern, which hasn't been confirmed yet. Thus, we should watch the nearest support at 1263.60 as a potential target. The subsequent pullback from this level could lead to a local upward correction towards the 'Window" (1241.73).
Galya Svetlova
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USD strength on risk off mood
Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
Gold: trade the lower drift
How do we trade the gold price? It seems to be losing the upside momentum - no problem for bears!
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