


Manoanjan_Galfaate
The break of the trendline would signal a potential Short position on Gold
Potential short position Given that Non-farm payrolls are expected to rise, the unemployment rate in the United States has been expected to fall, adding more value to the US Dollar, we may see the Australian dollar weaken against the US Dollar.
Temporary push up to test the 7785-7750 zone, the we might see the Nas100 drop down to the 7498 support level.
A break of the 1524.15 resistance level will see price going up to test the 1550 level. But if price rejects at the 1524.15, we'll see price test the 1512.07 gold support level
A break of the trendline would see the cable cable test the 1.22917 support level then shoot all the way up to test the 1.25035 level. If price does not reject, but pushes through the 1.22917 support level, the bears may knock the bulls all the way down to the 1.19842 after rejecting the previous support level (1.22917), then resistance level.
Trendline line broken. If this is a false breakout, price may drop to 1.08120. To confirm the break of the trendline, we'll look for a rally to the 1.10600 level then drop to retest the 1.09231 and then rally again to the 1.11611
Price may test the 7750 support level & potentially rise to the 7883 level. Or the 7750 support level may be broken,retested as resistance, then drop all the way to the 7498 support level