I think the price will further decline to the shown support levels
as the price rejected 50% retracment waitng for motive wave .. a stop loss few pips below 50% Fib
Short Setup as the price rejected from a strong resistant level .. a potenial reversal head and sholders appered
Gold break th symmetrical triangle.. trade the breakout
EURUSD sell the bullback as a reversal shooting star formed
Short as the the price is forming reversal H&S in additon to breaking the up trend
Reversal Head and Shoulders .. wait the breakout and the retest
this is the second update to the Gold analysis ,, check the 1st one I think the 5th wave started . it seems like 1900 will be tested
the gold start the initial up trend as the price penetrate the short term down channle ,, the target around 1900 may take 2 weeks or less
i think the current up move is a retracment to the down trend look for short around 1.08
A monthly Symmetical traiangle already formed with a break throgh to the down side , the price now is coming back to the neck line ,
the bollinger bands width indicate that strong rally will start soon sell below 157.208
the price break the downtrend and retested the line Successful bull back test
chance for short just waiting for reversal Candle
the price rejected from the previous Resistance level 113.375 compatible with the upper band its also break its moving average