SELLING GOLD Selling gold at the prices on the chart.
on the bigger picture you can see clear breaks under trendline, i think gold will drop down from that point.
this is not financial advice, try do youre own analysis before entring trade.
Amateurforextrader
EURJPY Conflicts between Daily and Weekly TF.Hello Traders
EURJPY today and I'm going to start off by saying, yes, I'm looking for a short.
We're still in times of a global pandemic so who isn't going to be interested in a safe haven pair?
My conflict in a technical point of view is that weekly and monthly is possible looking to participate in an over extended W formation.
However, also in a down trend so what we're possibly seeing is just a very high retracement to the 0.786 fibonacci ratio.
Either way, I'm looking to short this pair, but I will be waiting for the price to show me the way it's going before deciding further.
I simply favour the fall, but I will be prepared to comeback and look if it's going to go the other way.
Reacting and not Predicting
Please like and comment on this chart, any questions please do not hesitate to message me on here or on telegram.
@Roo_Martin
Always happy to help.
Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
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GOLD MARKET SHORT-TERM PRICE TRAJECTORY SUPPORT ZONE FOREXCOM:XAUUSD has broken its upward sloping trendline.
I think gold is still bullish in the long term.
For short term price target I'll be looking at the 1664.90 to 1642.88 level.
Disclaimer : This is not an financial advice. This is solely base on my personal point of view of the market and believes, please manage your risk properly.
EURJPY? one more bullish extension? After EURJPY broke out of the consolidation area. It is now creating a bullish flag pattern. if it can keep the support there is a possibility for it to extend once again. If It fails to hold 4h support and EMA I will look for short opportunities.
Greetings RR.
Nasdaq - 4Hr ChartNasday is seemingly bearish. Bulls seem to have been exhausted steam making way for the bears t jump in the drivers seat.
Im anticpating a bearish momentum for the remainder of the week of 5-7 june 2019
GJ to the 141???Right shoulder forming on the 4hr time frame, expecting a move to the 0.5 level and then the sell
EU to the 1.11412 ????????????EU has been in a ranging downtrend price action shows its currently approaching a key resistance level, will be looking for a touch to the 1.3600 level and then after should be a good entry for a nice short in for 230 pips
CADJPY BEARISH to 79.111 ??????CADJPY has formed a flag pattern on the daily level which it has since broken out of and retested the previous support level, I'm looking to a move to the 79.111 level
GBPNZD HAS CHOSEN ITS MOVEThe pin bar on the last daily and the expectation of a retest of the resistance level are enough confluence to justify my belief that it will go to the 1.95991 level next week and possibly try to test the 1.97550
GU to the .5 level??Looking for a possible move the 1.32000 level. We see a rising wedge formation as GU looks to make a third touch on the resistance level for a nice short.
XAUUSD July 20th Analysis This is my first attempt at at Technical Analysis for SWING trading. I've been trading for a couple of months and decided to only focus on Gold.
This pair is a set up for LONG with a few pullbacks. Only thing that'll drive price below Support is fundamental news that might cause USD to gain strength.
Please leave a comment if you have something to share or ask!
Shady_PediBoy - Gold - Bearish view w/in a bullish channelShady_PediBoy
Gold
Im seeing a Bearish setup w/in a bullish channel, toward the next supp, then the bulls take a drivers seat
