As we can see this trend line has been respected several times in past also there a major support level right around 1800, so there could be a possible reversals from these areas or it may go further down to fill the FVGs before a reversal
Seems like gold is going to break the lower trend line
Price is nearing the POC of the volume profile and also in the weekly resistance area, RSI in the overbought region, will it take a reversal and hit the trendline or the previous support zone
If the structure at 1860 is broken with a candle close below then we could expect a big drop with a potential retest to the FVG which may form a double top. Can be entered below the neckline or at the FVG with a tiny stoploss
Gold is staying staying long enough in the zone, it's time to fall before a take off
We will wait for couple of candles to close below the support area before taking a trade
Gold a buy chance, gold yet to go little up before a fall
possible fall, expecting a retest before it continue to grow
There's a fair value gap in the weekly candle which can be the possible reversal spot
possible fall after the break out and it can reach upto the support zone
With these many supports its expected that BTC could go up but could not be confirmed unless the support or resistance zone is broken
BOS BOS CHOCH Supply zone, potential reversal????????? let's see
eurcad should go up as it has hit the possible reversal point
chfjpy has spent all day in a tight range and finally broken the trend, time to take the short!, short
can say only after the break up of trend or the resistance
The price reached the over bought zone and there is a nice divergence, could this be a short
News source "Crude oil prices have seen a 6% gain since the middle of last week, which seems excessive despite the current market environment", there should be a correction as it hit the upper trend line and hence a fall is expected
Based on the support and trend its a long, don't forget a stop loss