gold just broke minor support and seem to retrace from 0.382 and will likely create new leg.
just met resistance and made triple top and rejected from 100 ema. high volume of bear positions entered at the resistance also.
xauusd 15tf price is in channel. watch P.A to find when it breakout. if breakout to top price will head to last major resistance 1929 if to bottom tp 1891.6 tp 2 1879.6. be cautious of false breakouts
looking to sell gold. every time gold rejects from downtrend line it bounces off rsi 50 mark. the next area of support is 1879
xauusd is currently in supply zone. it close below 1914 previous 15m candle so price should continue down to major support. best to wait for close outside zone.
gu if closes below support will continue downtrend. bears are controlling market at the moment
gj is at support rsi shows divergence. if support is broken we are looking to sell towards next major support
gold is at 126.3 support and oversold on rsi. if it holds it will create double bottom and fill gap in chart to 144.
gbpaud is trading beneath all 3 moving averages on 5 min tf it rejected off 60 ema, looking to continue downtrend