GOLD Converging at the Vortex of the Triangle

1825 is the long breakout point for GOLD. If we see a move up, 1835 and 1854 are targets. If the price breaks below 1800 we should see 1790 and 1772. Today is the BOE decision, tomorrow is the NFP. Be careful about the risk you place. Watch for GOLD breakout during volatility period.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

 

Published by

Nenad Kerkez

Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Senior Lecturer and Market Analyst. Nenad covers over 25 currencies on an intraday basis and has a Masters in economics. He also developed CAMMACD TM, a proprietary trading and analysis strategy wit ever powerful pre fact setups that you can read every day. Nenad is also a valuable presenter on various FX EXPO shows, where he always presents new and interesting ways how to trade price action and protect your own investments. Further, he is the co-founder and head of Elite Currensea Trading, an educational website for currency traders.