GOLD to move to lower boundary of range

GOLD will be moving to lower end of short term range in next 2 weeks. The profit is to be made by shorting GOLD at the intermediate rallies.




Alternate Scenario 2:




Abhay

Look for buying opportunity in GBPJPY

A bounce was indicated in GBPJPY around 12th Aug lows. It seems like there may be a downturn again after this initial bounce. If it happens then it will be good opportunity to go Long in GBPJPY for a nice profit.




GBPJPY bounced as was forecasted and has continued to move down from there. It is now getting close to presenting a buying opportunity




Abhay