Now USDJPY is monthly strong supply level and here is a chance for a BIG drop
Gold now respects the resistance level 1812 and there is a supply level that showing is ON. Now just wait for the retest and start falling from 1st stop is 1800-1790
The market is showing some bullish pressure if it happens then make the double top on resistance area 1808-1810, on the other scenario if the market breaks the level 1790 before making the double top then it will start bearish till 1770-1762.
Market stuck in a sideways box but keep respecting the support level 1.12375 to 1.12024. Now major chances to respect again the support and pull back for a buy trade and the target is 1.14000
if gold continues its momentum then major chances to break 1820 and retest then the next stop will be in 1840 but major chances to release his pressure and small retracement would be expected from 1810 to 1790 and then buy more...
Major Points; Gold remains to continue its range level from 1760 to 1790. According to current conditions gold major level is: Resistance zone; 1796 to 1805 support zone; 1760 to 1754
Expected move now gold in a h4 trend zone and its very critical level if gold break 1780 then fall badly till 1745 other wise its short pull back from here til 1800-1815
now gold stuck in a zone 1865 to 1850 and 1877 will see where it can be broken and get direction for the buy or sell trend
as per expecting gold making divergence and time to heavy pressure for coming sellers
market in a range lossing selling pressure wait for the breakout and then enter the direction
gold now in a strong zone if its break from thier then will enter in the buy trend channel
as per expecting gold making divergence and time to heavy pressure for coming sellers
gold move in a channel pattern and today is NFP and expecting spike up max for 1813 zone main supply level or major chances to drop from current price.
gold move in a channel for down trend and now coming to 1780-1783 supply level we will feel to drop from their again
expected move from gold now showig pressure more for selling
now market is solid zone momentum and trend is still buy if its break the zone then we wll expecting other conditions and sell trend but still we have to wait and move with the trend
Now gold is strong supply level and move in a channel so strong feeling showing to sell and complete channel move
now eurusd making inverse head and shoulder and making zone to move now keep on eye on it where its break we will enter i personally feel to buy