will see a retracement to 23.6% fib and the brokern area of resistance and channel at 1.22900 then raise to meet 1.25280 as target 1 and 1.27550 as target 2
oversold on RSI (14/5) near lower band of BB we may see a retracment to 107.700
as we see Gold face selling pressure by the end of friday trading after reaching weekly resistance at 1437 , also we see that the price made same high on price chart and a lower high on the RSI (divergence) so we gonna see down move to 1367.5 as a first target and move the bear push the price lower to area of daily support at 1300
as we see over sold on RSI and daily support area with bullish tweezer candle stick pattern so we gonna see a correction to area of 1.25000
over bought on RSI (5,14) and pin bar near the upper band of BB , the price will fall to 96.70
as we see the dragon reached support area (Daily) , lower band of BB and also we see a over sold on RSI (5,14) the prices will raise again to area of 134.500
as we see that the prices move in downtrend on weekly chart and its near weekly/ daily resistance area at 209-211 and also near the weekly trend line making a daily shooting star with increasing in trading volume so we gona move down to meet weekly support at 183.5
after reaching the high at 14000 we see a selling pressure with a bearish engulphing , we may see a deep correction to 61.8% fibo area at 7600
price rebound from daily support area at 1.24750 with a over sold under 30 on RSI (14/5) < malkking a hammer candlestick on 4H chart to indicate that we may make a correction to 61.8% fibo at area of 1.27.250 which is the 4 h resistance area at the same time
as we see a divergence on RSI (14/5) with a rebound from daily support area at 1.25000< so we may see upward move to break the resistance area at 1.21900 to reach its first target at 1.30100
after reaching 14000 we start to see correction to 61.8% Fibo and support area (9905)
Sell we are near an overbought area on RSI and also near the upper band on BB so gonna watch it for confirmation bearish price action
we see that USDCHF can't make a higher high and finished last week move with broken double top to the point ofuptrend line at 1.01100 so we gonna see a retest for the broken support area at 1.01570-1.015480 before continuing the bearish move to 1.00990 the 1.00450
after the price reach daily support zone at 109.850 we gonna see a rebound from this area to 110.600 -110.800 which is 38.2 % fibo area then reterning to its bearish move
we gonna see a retest to zone of 145.700 then continue its up move to meet zone between 146.770 / 147.000