Everyone seems to be selling because of the head & shoulders on the 4hr and under time frames. Remember TOP DOWN ANALYSIS IS KEY. The daily is showing a whole different story, so im going to wait till price reaches the highlighted positions and see how it reacts before making a decision. for now take a step back, gold caught out a lot of people out. also, bear in...
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As u can see we have a nice spike into resistance with the bears takin back control. looking to short
We can place a buy stop on the close of the 'mother' bullish. nice rr. Saad do it
we came in a bit late for this one saad, but lets be patient, wait for break of 1.24500 and we could be looking at a juicy 100+ pip move. Pound is looking to recover with the lifting of lockdown, and NFP tomoz. Ramadan Mubarak
Shown retracement, could be seeing long term moves back to the previous 1.3200 level. For short term buys, need to wait for market to open next week and wait for resistance break.