In my analysis from April 15th I wrote: We could see Gold retesting the resistance levels at 1198 and 1208. The latter coincides with the upper Bollinger Bands and should price rally there we’d be looking for momentum reversal signals close to it.
As we now know, Gold turned at the resistance and provided us with a great shorting opportunity!
Join me in today’s Live Analysis Webinar and learn how to identify similar opportunities over the coming few days. I will teach you how to analyse the markets successfully and how to read price action when entering and exiting your trades.
Twice a month we gather together to a Live Analysis Webinar to study the markets and recent price action. In these sessions I share my thoughts and analysis on currency pairs and teach our traders to understand what is important when looking for high probability trade setups. This is a great opportunity to watch and learn from what I share and get your questions answered. We’ve had excellent feed back from our traders on these sessions. I am convinced that you will benefit greatly by investing an hour of your time with the rest of us. Please, follow the link below and book your seat.
You are warmly welcome to join me to a Live Analysis Webinar at 1 pm GMT. Book your seat HERE The seats are limited so sign up now and log in early. This webinar is FREE so feel free to invite your friends by sharing this in social media!
Janne Muta
Chief Market Analyst
HotForex