Fundamentals haven't changed, page-420

Here is the change of bias in hindsight of course that gold snapped through the level I had marked as a potential resistance. If it was a firm resistance, price should have reversed back and not bounce when the close was above the resistance. In the same expected move I am expecting AUDUSD to do the same but at the moment is complicated by the disorderly pullback and has yest to test the new support.

UJ round number 110 is coming up as a potential support level so I might be looking to play a long.



If I were trading stocks which I am not, the short term resistance is where I would be placing limit sell as price spiked up yesterday. It is forming an inverse pin bar, considered bullish if the big red mother bar low holds. Price from a swing perspective is in the middle of a range with 4.57 clearly the resistance . Not the best level to be looking for a long from a swing perspective and this is only just from my perspective. The market do not care what swing perspective it is in and will react on Monday and I suspect with buyers scrambling back in. Good luck to those holding for the longer term as these little price swings are just noises in the bigger pictures.