MACcTrader

MACcTrader Aug 10, 2023

Gold ideas for the day Yesterday we saw the NY SL take out below 1922 then retracement 1927 and then further continuation down a little further than expected but in line with looking left. Active movement continued later than normal into the evening in line with positioning for today’s big news events and CPI. Trend line Momentum is clearly showing a...

MACcTrader Aug 9, 2023

Expecting NY to take out Stop Loss below 1923 to 1922 Re-tracement back to 1932 / 1936 area With continuation down Tomorrow news could go either way suspecting Short This has been put in our mind by big money so if interest rates are not looking like they will be raised USD could weaken and Gold could go up tomorrow giving big money a chance to take out all...

MACcTrader Aug 3, 2023

Gold trading down lower timeframes long on higher FVG above Entry as close to 1945 TP 1944.8 close FVG 15min chart SL 1929 If 1930 breaks cold see 1927 support bounce then further to 1900 area