Focus shift on gold

Repo rates unchanged 4% -Makrets showing volatile move during speech
GBPJPY trying to cross sessions have look on 14 days Average True range
The Trading Fear and Profit
AudJpy Heading at supply
Markit Manufacturing PMI released from USA and Canada

as we have previously stated strategy to enter in gold after lower or shorter break out so we got our entry in 1236 Strategy of feb 7 which got entered we will targeting it for 1243 and if candles patterns allows us we could head towards 1253 .

Points to watch here is the trend -which is strongly bullish at the moment,with fundamentals too .
COT reports and levels .we also predicted recently that if it crossed 1224 it may moves below but recently breakdown above 1236 ensures that it will be reaching upside.

Tips we have checked the levels here with help of fibonacci .
We have checked the different timeframes too.
Stay in touch otherwise you would miss the trades

Disclaimer:  The content in this article comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance.Risk Warning: There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent financial advice.

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