We have not seen any significant move after a retest of the weekly demand at 1.30000. today Wednesday noted for mid-week reversal, i expect to see a significant correction to the upside.
The strong bearish trend is gradually coming to an halt, we should see some mid week reversal bringing in intraday bulls. bias is bullish will ultimate target at 1950 psychological level
Though there is a strong bearish pressure on Gold, there is also anticipation for a bullish correction before a further drop or a possible reversal.
GBPUSD still shows the possibility of a potential bullish correction. the weekly demand has been retested hence the bias for bull. A break of 1.3051 will validate the bulls
A good point to buy Gold would be when it gets into the liquidity gap to the unfilled orders. one can take advantage upon the presentation of any rejection or reversal patterns.
Potential LONG when price breaks 1.3059. GbpUsd has raided the weekly demand zone hence a reaction to the upside is expected.
After a strong drop on Wednesday, some correction is expected on crude oil. I expect crude oil to close bullish today between 118 - 120 price level
A possible continuation of the corrective move is expected on gold. hence the bullish bias targeting 2014 price level
A break of the accumulation is already ongoing, a further push is expected.
Gold is in accumulative phase. a break of the channel will determined its intraday direction
CRUDE OIL is expected to do more correction following the aggressive bulls it has done recently
GBPUSD is currently in an accumulative phase. there is a great expectation for price to go higher intraday.
GbpUsd is likely to do more sell targeting 1.3064 price level
Gold is expected to continue its bullish run intraday targeting 2025 price level
There is a strong sell bias on Us30. A sell stop @ 33100 is adviced.
UsdJpy still holds a bullish sentiment despite the reaction at the 4hr supply. a break of 115.56 should pave way for 116.08
Gold is expected to push bullish towards 1973 price area