Gold is rejecting the 1969.00 area last Wednesday, 1971.50 area at the end of the trading week. Higher lows are being made on the 30m and on the 4H is still completing it's up trending structure. i'm looking for a break of the 1998.60 for me to feel comfortable entering. I'm sure Pre-london or London or both market open times should have enough volume to continue pushing up. Stops are always $2.00 from entry and we'll call it a day.
1) Entry: 1998.60 2) Target /Take Profit: 2000.60
there are also breaks for shorts, a lot of opportunity. if the market seems to trend the other way we can still sell. target $2.00 keeping things consistent for the intraday profit.
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