High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A large short-covering rally in the market on Thursday. Usually following a huge rally like on Thursday it's usually followed by choppy sideways consolidation day.
Key level to watch on Friday is at 18,400 support and 18,600 resistance. A choppy day would trade inside the 200-points range,
18,400 was a very strong resistance, it should now serves as a very strong support. However, anything is possible.
Gold is now in a real breakout mode, next upside target is 2,500
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