CHF interest rate decision coming. as well as broken treadline, restest, sell formation. Keep your eye on it, look for sell confirmation before you sell.
'Stuck in a box' Pattern formed nicely. Technical all point to more downside, with a head and shoulder pattern formed on the smaller timeframes, we are now waiting for a retest of the high's and a sell entry. Fundamentals point to the same pattern, although if we have a clean break of the 1.73 level we may see ourselves hitting September and October high's. Wait...
Although my overall outlook is Bullish on Gold. The lower timeframes show attempts of breakout and failing, after the trade talk scares, tariffs etc. The economy is beginning to calm, even though its all false. Gold will experience a short term reversal to the down side based on previous market patterns, if you look into the MN and W1 charts, you can see the...
Hi Guys,
My analysis is based on a stuck in the box type formation which has taken place on a D1 chart. With many attempts to breakout it has found a very strong resistance, we have had a false downturn take place today with a retest to the top. What i think is going to happen here is it may even retest and break this key level, but with NZD news coming which is...
