Trade data is released - EUR/USD SELL
6 Comments for:
Ok Trade data is released
Due to Quick Action, i will mention
B as Buy
S as Sell
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ACTION TO TAKE FOR EUR/USD
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S
posted by GoldTrade @ 5:15 AM
6 comments
6 Comments:
There isnt any reaction to the market like wise.
It was a Quick in and Out for Eur/usd
We assume yes Go Long for Gold. We expect it to move up
The result 63.8 is higher from what it came previous time
We expect Dollar to get weak.
Crude Oil Is Increasing too
The Market players are right now Analyzing the data carefully.. So up and down will happen.
no need to panick.
However Comex Gold is Holding up despite a rise in the dollar against euro.
Most-Active Aug gapped higher at the open, trading up to 649.50.
Traders saying it should break 650, to get more Buy - Stops
Marco
I feel it should cross 650 Today
Lets wait NY STOCK EXCHANGE Opening, and what they do.
Probably i think the traders will make the prices up, due to various attacks happening, today Israel attack.
So feeling arises gold to go above 650
But Dont forget to keep your Stops.
My Stop is 643
We just went 650.35
I am sure the technical Point we mentioned we will hit there
Cheers
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