Gold: September 30 review
Whistleblower effect should start in this week…
On preparations for the 70th anniversary of communist party, people of China will ready to shut down today onwards….
Sterling also remained under pressure due to political effect and Hong Kong protestors will star again….
At 8.14 ET, Dow 30, futures traded positive, +60 points, up +0.23% at early US hours…
At that Global Fears, Traders always will buy Hedge funds like Gold and Silver.
Gold futures, December contract traded $1488.50 range at early US hours.
For Intraday strategy for Gold:
Entry point – $1488.50-$1486.00 range
And keep S1 $1479.20
And wait R1 $1508.00
And wait R2 $1512.00
And wait R3 $1520.00