Technically, Gold has completed the 1/3 retracement (Low 1392) and set to go up higher target 1423.
the Breakout point is 1405. Support 1394.
I didn't get my entry on Monday, market didn't come to 1385, lowest 1388 and rocket to TG1: 1395 within 2 days. Today, intraday trade preference is to Long @ 1407.7 SL 1403 TG 1420 (EOD).
Related: Weekly Forecast on Gold
EUR/USD
My view for the week is to long on EUR/USD.
I entered two trades but were stopped out with minimum losses.
Quote my Weekly Forecast and Trade Setup:
Monday: Plan to Long when market comes to 1.3650, SL 1.3620, TG 1.3750-30 pips for intraday, -40 pips for weekly position.
For the Week: Long at 1.3570, SL 1.3530, TG 1.3850 or close by End of Week, whichever come first.
and Market is trading up! as per the forecast, EUR/USD closed at 1.3750 (my first target). Weekly Target remains at 1.3850.
Aggressive Trading Long @ 1.3716 SL 1.3680 (-36 pips) TG 1.3850 (EOD)
Personal preference is to trade EUR/USD for today.
I am yet to update for P&L for the week, will do it during weekends.
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