JeffersonTrades

JeffersonTrades

I'm expecting a bullish recovery on Gold but anticipating a possible range or support from previous level of resistance 'C' for now, I wont be making any trade decision till I see a reaction above or below level A or B.

JeffersonTrades

On Monday I analyzed and decided it would be best to wait for reaction above or below region A or B as marked on the charts, and truly, it was the best decision I made on USD/CAD why enter a trade when you can wait for confirmation before doing so? We saw a break and retest above structural level A as marked on the chart which indicated strength in the pair...

JeffersonTrades

Gold is currently in an uptrend with signs of weakness below structure on the 4 hour timeframe around 1841 and is likely to sell around either level 1 or two as marked on the 4H timeframe.

JeffersonTrades

This would make for a good buy scenario considering the break above and retest above structure on the 15min timeframe.

JeffersonTrades

USD/CAD is still in a downtrend and still showing no signs of recovery, we are currently seeing signs of weakness within the AB region as marked on the chart, for now the market is likely to continue downward to level 1.2370 which served as a previous support. we may expect a break either above or below structure A or B for now, I won't be making any further...

JeffersonTrades

Gu has been bullish for the most part of this week and considering price action around where it currently seats, I anticipate it to drop to the level of support where it begun on Monday to make any further decisions.