Sphe-sihle

Sphe-sihle

Will continue to hold my long positon for this coming week. will exit when price is near the top green bar... what do you think?

Sphe-sihle

a short sell for gold....what do you think?

Sphe-sihle

on the daily time frame...if price breaks below the support trendline i will enter with a sell and and exit near lower support zone. My expectations are, the price will go up... breaking through the resistance trend line and head to the main resistance. Patiently waiting to enter with a long position.... what do you think?

Sphe-sihle

thinking of going long here...

Sphe-sihle

whats your say on this?

Sphe-sihle

should we be expecting something like this?

Sphe-sihle

What are your thoughts on this?

Sphe-sihle

I will be waiting with sell limit order at blue box to catch the 5th wave

Sphe-sihle

as we do see ... gold has reached a major resistance zone, and the previous week closed with a long tale reversal candlestick, the RSI is shows us that the gold is over bought...therefore we are looking at selling gold for few weeks...

Sphe-sihle

Whats your opinion

Sphe-sihle

a short sell...

Sphe-sihle

hoping that support holds and bulls to takeover

Sphe-sihle

hoping to catch the last wave (5th wave)

Sphe-sihle Updated 

Good Tuesday to all...hope you all slept well. i did and woke up early. My hope was met... the 4H support trend-line was broken. it has now broke the one hour support line. if it close below i will sell and take profits near the red zone.

Sphe-sihle

Good Monday to all, hope you all had a great weekend. To those who did not shall not worry, there is plenty of weekends to come :-). Referring to the previous analysis on DXY the 5th wave did complete and respected the resisting trend-line and it gave us a good drop, though it did not complete at the red box. Now lets wait and see its behavior at the supporting...

Sphe-sihle

an ascending chanel with all 4 waves and 5th wave will possibly complete at the red zone. Then we go short. open for opinions

Sphe-sihle

a short period drop on the usd index...

Sphe-sihle

this is what i believe will happen