I am pleased to share my trading journal update with you guys and visitors from all over the world. I appreciate everyone's efforts in forecasting different forex markets. Gold expenses fell below the key $1,seven-hundred degree on Thursday for the primary time since July, as a growing dollar and expectancies for aggressive interest fee hikes eroded its enchantment."We expect substantial selling pressure if Gold breaks below the $1,675 range." Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, dropped to 31,294,673 ounces on Wednesday, the lowest since January.
High Impact News: JOLTS Job Openings Information events for USD today will significantly impact the market.
Closed EURUSD Trades: Today, I am closing my EURUSD buy trade. As the market trend is downward, I am losing money in my EURUSD EURUSD career. The lot size of my EURUSD business is 0.30, the work is close at 0.9815, and I have a profit of 3.30 dollars.
My Gold Running Trade: Today, I opened a Gold exchange on the 1696.24 level with a 0.30 lot Size. Now, Gold rejects the 1695.93 resistance zone. The Gold price is above the one hundred EMA line, and directly the rate will quickly contact the 100 EMA line. I am at my Stop-Loss level beneath the 1658.08 support stage. I open a buy trade when the Gold charge breaks the 1668.65 resistance level and hits my Stop-Loss. Above a hundred EMA line, the gold take-profit reaches 1714.80. Currently, the trend is bearish, and 68 percent of the time, the fee will hit my take-profit level.
