Just another drawing over the weekend. See how it goes.
Price break resistance and retrace to retest demand zone.
After bouncing at fibo level, price managed to reverse and go upwards. We may see price to go further up until it reaches the daily key level.
We may see a drop in gold before price trying push higher.
We may see another potential breakout from the channel
Price broke the channel and we may see price going upwards to reach the supply level
Should the price able to break the trendline, we might see the price to go down. This is intraday setup. Please be caution.
Looking at the chart pattern, we may see this pair on it's way to test the previous key level.
This will be short term target for this pair. Price may go up further to retest the key level at the daily.
We are looking opportunity to short GU when it reach the supply level. At this moment, any counter trend trader may look opportunity to buy this pair
We will look for buying around this target area
Price might be heading north and we can try to look for potential buy setup in lower TF. Price sekarang mungkin sedang bergerak ke atas, dan kita boleh intai peluang untuk buy di TF H1 jika ada.
Price is moving towards the Daily resistance. However, there's oppurtunity to go short if price can break the minor trendline in H1. Bear in mind, we need the price to make bearish corrective structure first, then wait for breakout for better probability to short. ================================================================================== Daily trend...
Price berjaya tembus weekly trendline and price mungkin akan naik dahulu untuk retracement sebelum jatuh kembali. Kita akan cuba melihat jika ada peluang short term buy sebelum mencari peluang untuk Sell. Price managed to break weekly trendline support and price might reverse upwards for retracement before continue to fall further. We will see if we can find a...
Price is making bullish corrective structure. Should the price able to break the trendline, I foresee the price to reach up to TP2.