Gold for the week starting 9-Sep-2013
This week rookie trader is very sleepy and rookie cannot find support and resistance.
But he changed view from bullish to bearish.
I showed him my forecast and I decided to post it here.
I forecast Gold to trade sidway bias down to support $1350.
This is also a level where I will cautiously hunt for long.
Strong support at $1330.
Although short is preferable, I would patiently wait for Gold to return to $1400 for shorting opportunity.
Cheers
Ayumi
This week rookie trader is very sleepy and rookie cannot find support and resistance.
But he changed view from bullish to bearish.
I showed him my forecast and I decided to post it here.
This is also a level where I will cautiously hunt for long.
Strong support at $1330.
Although short is preferable, I would patiently wait for Gold to return to $1400 for shorting opportunity.
Cheers
Ayumi
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