SPOT GOLD SPOT GOLD closed @ 15235 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 2 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Sideways while 15360 holds and Daily Trend is also Sideways while 14715 holds, so expect the price to be Choppy until Breakout. The Daily time frame, the Price is within the MA's and horizontal , the Bulls gained towards the Close but was within range which signifies a choppy session during Asian session. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is within the MA's and pointing horizontal, the Oscillators are suggesting a weak upside bias. The Patterns are suggesting a choppy session until the break .The High & Low for today may be within range. The 15min time frame, suggesting a choppy session until the break, 15305-360 are the Critical levels to watch to maintain the Bearish Outlook. BULLS: 15185 15130 15040 BEARS: 15285 15335 15385 Today's Strategies: Trade @ the Bulls & Bears Levels Only. NZDUSD NZDUSD closed @ 8180 which was ABOVE the open and was within prior day's trading range. The High was 10 pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways Down while 8235 holds and Daily Trend is Sideways Up while 7855 holds, so expect the price to be Choppy with a potential to Break Lower. The Daily time frame ,the Price is above the MA's and pointing up ,the Bulls gained but gave up mildly towards the Close but was within range which signifies some weakness during Asian session. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is mildly below the MA's and pointing horizontal , the Oscillators are suggesting a downside bias. The Patterns are suggesting lower lows are expected . The 15min time frame, suggesting a choppy session with a potential to break lower , 8205-35 are the Critical levels to watch to maintain the Bearish Outlook. The High & Low for the Day may be within the Range. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals. BULLS & BEARS : Get the full report by visiting Precise Trader for a Free Trial. Today's Strategies: Get the full report by visiting Precise Trader for a Free Trial. USDSGD USDSGD closed @ 12305 which was BELOW the open and breached the previous day's low. The High was 10 pips from Precise Trader's Res Zone 1 and the Low was 25 pips from Precise Trader's Sup Tgt 2. The Hourly Oscillators are Bearish but Weak and the Price is Within the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Sideways while 12385 holds and Daily Trend is also Sideways while 12535 holds, so expect the price to be Choppy until Breakout. The Daily time frame ,the Price is mildly below the MA's , the Bears gained towards the Close but was within a range which signifies a range trading during Asian session. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is within the MA's and pointing horizontal, the Oscillators are suggesting a downside bias. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting a choppy session until the break , 12335-55 are the Critical levels to watch to maintain the Bearish Outlook. The High & Low for today may be within range. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.

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