Weekly Price Action Setups & Key Levels | Sep 25-30

gbpusd price action analysis 2ndskiesforex

​My current active open trades: Silver, NZDUSD, EURUSD, AUDUSD (option), $Sber

Gold – MT Structure is Still Bullish (daily chart)
After bouncing off the key support zone between 1300-1310 that we talked about in prior commentaries, I’ve closed out my Gold long trade for a solid profit at the moment around the mid-1330’s.

The commodity stalled near 1340 and may want to re-test the 1300-1310 key support zone which is part of the long term corrective structure.

For now, MT the structure is still bullish while above 1300 and 1275 on a daily closing basis.

I’d still be open to another long should we get back to the key support zone with supportive price action. For now traders not already …

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