Nungari

Nungari

Gold has done a good retest for the key demand area 2850, which I personally believe has enough liquidity to push us back above 2880. Obviously, we have to break above the 2860 block before cascading into the full bullish run.

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Looking at a new all time high, Great market sentiment. With 2780 and 2760 below acting as short term retracement levels, its open season for 2800. The figure is round and could setup gold for a bullish run the rest of q1

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The Eur is showing some significant bullish momentum, currently trading within an uptrend in the intraday tf. Buy a single above 1.0830 and anticipate momentum towards 1.0880 and 1.0900, respectively. Alternatively, a retest of 1.0500 will follow if 1.0800 breaks. Apply risk management in line with price action

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There is weakness around the 1960 level, which if broken opens the potential for a test of 1950, the alternative scenario upwards ranges from 1970 and higher at 1980. Price action is ranging and therefore each scenario can be traded with proper risk management and patience

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Gold is currently in a range, with a sizeable amount of space to trade. The current pivot stands at 1950 with available space upwards towards 2000 and 2030 respectively, while below, we have 1900 and the 1800 extension. Price is closer to a higher high on the daily tf which may be indicative of a continuation of the trend or the end of the trend. The range still...

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EURUSD is currently bullish, which should continue for a while, A break of price action would push price lower, creating lower lows and lower highs below the 1.0500 mark. As such, the bearish run can only mature after the break of the trendline and lows extending towards the 1.0000 mark. Sell single at critical points, preferably the round figures, and anticipate...

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Gold seems to be testing the support at 1820. This should be marked as a major supply area. If the price breaks below this region, the next target below is 1812 and 1800. Preferred timeframes to follow this setup is the H1 and H4 as Price Action plays out.

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BTCUSD is expected to trade much higher towards the end of this month with a rally targeting the $35k mark. To get here, a series of short burst bullish trends will be visible on the daily and weekly TF. Selling pressure has died off as per my sentimental and technical analysis which is confirmed by price trading above the $21k mark. It is the best entry for the...

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This is my sentiment on the possible outcomes on BTCUSD thic coming months. In the scenario for a rally, the pair will move further away from current lows 29 600. Key levels to look out for upwards is 31 000 followed by 32 300 and further upwards we have 35 000 and 400000 (This are more of zones around round figures). For a downtrend, the pair will trade below ...

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Gold is trading under 1760 which is a major hourly level, expect to see lower prices before breaking this level.

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XAUUSD LONG, MOMENTUM SEEMS LOW BUT the dump might bet imminent after tapping 1809

Nungari Updated 

Will gold have enough momentum to push higher at london open? Follow and DO NOT under any circumstances take this as trading advice!

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The levels indicated in the chart above/below shows potential momentum levels. Liquidity pools can also be found here. The round figures close to these could be potential target levels.

Nungari

Taking 1.1228 as immediate support to the downside and the safety net being trendline from March 1st, let see if it reaches 1.1250 london session OANDA:EURUSD