I am seeing a possible buy on the breakout of current resistance line.
Price broke through strong resistance, now testing new support.
Price has now broken through the upward channel, waiting for a retest before going short.
Price rejected at major support, forming an inverted head and shoulder. Possibility for more buys.
I am seeing two possible scenarios here, one of them is a head and shoulder formation, right shoulder is about to form(as indicated by my red line). But overall, looking to see a further move to the downside.
Waiting for price to reach the support line, wait for a rejection before I can go long.
Waiting for the price to retest daily support, so I can go long.
Price seem to be rejecting the resistance line, expecting a move to the downside! SUPPLY AND DEMAND.
I've been waiting for gold to break support. Now waiting for a complete retest before going short.
Looking to go short once price has completed the retest.