I am expecting a minor pull back and then continuation of drop till Major support area.
Just trying to work on BTC with Low Time frame... lets see how it play
I have depicted the current scenario of Gold, lets see what is going to happen in December, most of the previous December are green.
I am looking for short in CADJPY pair at the MPL Level
I am waiting for the Significant Support Flip area to short the gold
Coming week i am expecting the up move in the Gold to catch the double top liquidity
Gold is in a range for a month, everyone has an eye on FED News let's see how it goes, I will take the trade at break out of the channel and may rise till 2000
I am expecting the short term bullish in Gold .. OMXSTO:INDEX is in downtrend and may fall more.
Gold will go to grab the nearest liquidity which is at buy side … in daily TF invert hammer is developed … we may see the green candle in this week
I am still bearish with Gold we might see a small up move in the NY session
I am a seller with the Gold until it breaks the Triangle. Gols is rejected from the Feb level 38.2, trend line, and EMA 200.
I am still Bullish on Gold .... NFP has given a dump of almost 3000 points in the last Friday. Waiting for FED ,
Gold is moved up word from the Major trend line and rejected from the Minor trend at the top, Gols is still in the Channel and may break the ATH. I will look for the buying opportunity during the NFP. Let's see if NFP is pumping the Gold or Dumping it..
Noticed the bullish RSI Diversion in the Gold price Also, CPR is Narrow for Monday We may see the Bullish towards the weekly Pivot Point Short term target is 1956
I have depicted the Pivot Points on including the weekly and daily Resistance and Support level.
This is what I think is going to happen. a Fake out is going to be played ... 4 hr chart shows bullish for time being