London
Still clear The high is still alive Still can drop the daily candle
Doesn’t look good the down fall should start 🤞🏽.
Not financial advice
Gold buys in London session Had Gold buys this morning in London session. Was waiting for more of a well defined double bottom, did not get my confirmation that i was looking for. Even though the low did not break the first low at 1939 level. Waited for safer buys as its Friday and don't like putting alot of risk on.
Took most of the month of July off and just got back to actively trading, taking time from trading is good for the mental. Its a game of growth but at the same time consistency. Happy Friday, Ill be back posting more as I'm back at the charts
Analysis of GBPNZD on H4 (04/08/2020)GBPNZD-H4
If the price manages to break the zone around 1.98158, we will go into an uptrend.
This is the most likely of our analysis because it is confirmed by the underlying trend and the MM at 50 which is below the market.
If the price breaks the zone around 1.96170, the market will go bearish.
Let's wait and see...