International Market is bullish and now trading at 3755. Yesterday the US president Mr. Trump and FED Chairman Powel Speech were anxiously waited. The Bulls were expecting a big high rally above 3850 but speeches were not so supportive for Gold Market. Early Morning the gold retraced and entered a supportive area of 3750s.
Trading Strategy.
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Today a trader should still avoided big selling enteries. Market may continue it’s bullish trend and it will be a high risk to have a long selling entry.