Gold reached the multi weeks low following USD getting stronger and Fed's comments upon inflation this week. And Finding support near 1917 to 1912 Area. As Looking at technicals on 4 Hour timeframe we can notice some strong support in this area and also trend reversal signs that suggest that Gold is going to be Bullish soon
Shorting XAUUSD at this resistance , As this Holds a very strong resistance at this zine,
As you can see, USDCHF recently penetrated into an Important resistance zone and expected to have a bullish potential in coming days untill unless rejects below the resistance again. A beautiful long trade can be carried out based on smc. Risk only 1% of trading capital Trade safe,
Gold is at trendline where it can simply go bullish or bearish wait for the price action at this zone in smaller time frame m30, and enter only confirmation pullback. This is only cor intraday purpose and use only 1% of your account
EURCHF is going to short in the areas above mentioned, Wait for price action at the resistance amd Go for Short. Risk only 2 %
US30 breaks the trendline in support zone, expecting the price to fall from support and then rise again
Recently Dow Jones industrial average came out of bearish trend and broke trendline and Went Bullish. Markets are clearly bullish with hige pullbacks. After NFP, the market on Friday closed bearish in daily timeframe. But Got strong support at 32566 and strong possiblity to be Bullish to 34000. Follow me for exclusive updates.