Gold Outlook for the week 27th Jan, 2014
Gold Outlook for the week 27th Jan, 2014
Daily Chart
- We have broken the resistance, and our next resistance hurdle is at the 127.2 ext (around 1290).
- Divergence is showing on stochastic and RSI
Outlook Trade opportunity
I would have two trade setups both counter scalpsone at around 1290
and another at around 1320 (however, would not do a pending as of yet until closer time)
Aggressive traders could go long after a retest of the support ,
Risk Level High -- because its my first setup for gold
Tips -
Always take note of any economical news event on our provided calender below
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