This was yesterday's signal:
The principal resistance on a daily graph was spotted at 1790. Now the price oscillates at 1780.
PLAN OF ACTION:
PLAN OF ACTION:
1) Buy PUT option at the actual price with expiration at the end of the day. Money Management 1%.
2) If it goes up at 1786 buy PUT option with 2% Money management always end of the day expiration.
3) If it breaks the resistance and overcomes 1792, buy CALL option with 6% Money management.
As we can see the Gold price during the night reached the value of the 3rd Resistance, (blue line) and this made us think about another investment to do on this asset.
Considering the BCE President’s speech today is considered an unstable day, this is why it will be up to the trader deciding to invest or not.
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