Recap 1-2-3 sell off Y+1 on 4 hour points to Y-0 in play. Y-0 failed to act as support, giving us Y-1 target below. Flush later in the week tagged 1.09 near Y-1 and bounced. Closed the week below Y-0 and midpoint.
Outlook Up trend broken on 4 hour. Back to no trend on daily. Sideway actions likely. Should gold fails to hold 1200 level, we can easily see a pop here back up to B+1.
Lawrence's Comment
Recap
Another tight range week going nowhere. Near end of week the drop to Y-0 was bought up immediately. Closed the week near Y+1 and above midpoint.
Outlook
Clearing B+1 ...
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Lawrence's Comment
Recap
As expected, there was no directional play last week. Dow was trapped inside Y+1 and Y-1. Easy 2-way plays every other day. Closed the week near Y-0 and below ...
USDCAD Sep 22 to Sep 26 Outlook
Lawrence’s Comment
1-2-3 sell off Y+1 on 4 hour points to Y-0 in play. Y-0 failed to act as support, giving us Y-1 target below. Flush later in the week tagged 1.09 near Y-1 and bounced. Closed the week below Y-0 and midpoint.
Outlook
Up trend broken on 4 hour. Back to no trend on daily. Sideway actions likely. Should gold fails to hold 1200 level, we can easily see a pop here back up to B+1.
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