PA is still continuing the upwards pullback to take out the cluster at 1.48 before I think PA will drop back down hard to take out the very large buy cluster at 1.45.
PA is currently in the process of trying to break through the H&S pattern and if we see PA drop to trigger the large sell cluster at .758, we could see the completion of the H&S pattern as price falls to take out the lower support clusters. Wait and make sure PA CLOSES below the green entry line before opening a trade.
PA is currently experiencing some ranging correction on the smaller TF, still expecting PA to continue up to take out at least the first major resistance cluster, possibly make it all the way up to take out the upper resistance cluster.
PA has dumped all day today causing quite a lot of action and order clusters have jumped around today. We had a very strong cluster at 1313 but it has now disappeared, looks like some of the big boys are jumping out of longs. Based on the current cluster information, I'm still long gold as I see a strong buy cluster if PA can break 1275 and the longer term target...
PA has taken out the previous two lower clusters around the 1280-1290 area. A new HUGE cluster has popped up at 1313, I think PA will go up to hit this before rebounding and then possibly more up move to hit 1340.
PA is moving up to take out the 103 cluster, could possibly keep going to take out the 104 cluster. I'd be looking to take a short position between these two clusters.
PA is currently hitting a resistance cluster, we'll see what it does here but I'm expecting a further move up to take out the upper cluster first before falling down.
Thicker the lines, stronger the cluster. PA is making it's way up to take out some of the upper support clusters, after taking out the initial one, I'd be looking for PA to reverse down somewhere between that cluster and the upper ones.
Thicker the line, stronger the cluster. PA seems to just continue it's ranging, I'm looking for a move up to take out that upper resistance cluster before heading down to target the lower support clusters. Neutral for now.
Thicker the line, stronger the cluster. PA has dropped a ton and now is a great buying opportunity. We see no strong clusters left below so that means PA should reverse up and take out some of the upper clusters.
GBPJPY cluster chart. Thicker the line, bigger the cluster. It looks like PA has made a bottom with 2 strong support clusters beneath. PA should start targeting that big upper cluster at 135 but with some resistance at 133 and 134.
GBPCHF cluster chart, thicker the line, stronger the cluster. PA has dropped a long way and that thick red line below is not a blue support cluster, it's a very strong red cluster meaning SELL orders, so if PA moves to hit that, we should see a big drop. However, before we see the drop, I think PA will move up to take out the upper clusters. Currently long biased.
EURUSD cluster chart, thicker the line, stronger the cluster. PA is making it's way down to test the lower support clusters. We will have a fairly large cluster at the top that needs to be taken out, so I'm expecting a rebound off 1.11 possibly back up to take out the upper clusters. Currently neutral.
EURJPY cluster chart, thicker the lines, stronger the cluster. EURJPY just shot up after taking out a cluster of buy orders, but PA is currently oversold and needs a retracement down to take out one of the lower clusters first before heading back up. Currently short biased.
EURGBP cluster chart, thicker the line, stronger the cluster. First off, the blue lines above PA is CORRECT. They are blue and not red resistance lines because those are clusters of BUY orders, not SELL. So if PA can hit those lines, we could see a rush up as those buy orders are triggered. However, that being said, price is currently very overextended and I...
EURCHF cluster chart, thicker the line, stronger the cluster. Currently waiting for PA to hit the upper cluster zone before taking action.
AUDJPY cluster chart, thicker the line, stronger the cluster. Currently waiting for PA to hit upper resistance cluster before determining next action.