Clearly following last weeks fundamentals on DXY ,we started to see a possible correction on GOLD ,expecting to see GOLD price drop towards our significant discounted levels of 2088-2044 BEFORE A BULL RUN..
HIGH TIME FRAME /MACRO is still on a BULL-RUN regardless of the ingoing deep complex pull-buck which is likely to happen amid the coming week before the...
Clearly following last weeks fundamentals on DXY ,we started to see a possible correction on GOLD ,expecting to see GOLD price drop towards our significant discounted levels of 2088-2044 BEFORE A BULL RUN..
HIGH TIME FRAME /MACRO is still on a BULL-RUN regardless of the ingoing deep complex pull-buck which is likely to happen amid the coming week before the...
I see a serious exhaustion wave/corrective wave touching the resistance.
to mw i wud prefer waiting for the price to pullback in that I take a smart sell right at resistance
my overall anticipation will be to shorten as i see price breaking below the structural trendline i plotted
Currently we see a price bounce/pullback off a key support aiming to make a retest on the previous broken zone
I will be looking for a selling opportunity as I wait patiently for a retest right at the lower high and that will be my entry value point..in General I see the pullback as a completion the right head and shoulders pattern
price bounced off demand zone with an attempt to break out from a falling wedge.
A compete structural break will be seen followed by the key zone retest that will create more bullish momentum
Market expected to go under a bearish extension of a falling trend prior to a corrective bullish swing.
A strong support is seen underlying below which will be the confluence of the extension wave clearly known as the reversal
Falling channel with a diamond bottom.
A reversal price action pattern(diamond bottom) seen forming at the support level (the end of a falling channel).
Upward breakout is due that will cause a total reversal of the trend.
Seen a retest on a support level.
Expecting a final breakout right after a pullbck from the support zone.
Prices expected to break upwards(go long)fmafter a pullback
Tp1 should be set at the the most recent swing high (resistence1 )following the next TP2 on the second swing high(resistenec2)respectively
Price made an upside breakout from a falling channel.
A pull bck was seen as it retraced back making an impulse to keep pushing higher.
Correction of a bullish flag has been noticed and that signifies a continuation.
So I wud set my first TP at a level of the most recent swing higher (support).
Looking forward for a reversal price action pattern that's forming at a strong support level.
Price seen making a first swing high then swing low and finally making a swing high.
So a total reversal expectation is due to be seen as price breaks upside the inverted H&S pattern after correcting the right shoulder
Price has been bound by the range (selling high and buying low)
Just noticed the triple bottoms created by the swing lows at the support and am hoping cud reverse the market and break out in the upside direction abovebthe resistence of the range
Price seen have bounced off the resistenece and tended to tramble down.
Reached a zone and got trapped into a range/consolidation rectangular channel.
A final breakout is expected to be seen at the support of the channel and TP1 will be set at the first closest support level or at the previous swing low
A reversal overseen with a bearish trend.
The market here is forming higher lows and lower lows due to retraces.
Bears expected to push the market lower to the support.
TP should be set at the previous swing low.
Spoted a bullish trend that formed a higher high and correction of a higher low.
Set up entries on the support of the higher low and TP target set on the resistence of the previous swing high
