TODAY’S STRATEGY FOR $GOLD AND $USD/JPY
$USD/JPY – Open Sell Position at $110.90
We are currently in a unique situation with the $USD/JPY pair as this may play both ways; there is a possibility that the $USD/JPY may increase further if it breaks $110.90. At this point, it would be safer to set an alert at 110.88 and monitor this pair through out the day.
$GOLD – Open Sell Position at $1335.00
Also, remember Gold and $USD/JPY react opposite to each other so ensure you set a tight SL close Position. I will give further updates on buy positions.
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