Stackin_Guap
Price at weekly support, previous week closed bullish with consolidation at weekly 764 fib level. Prev 4hr closed bullish breaking 1hr resistance, Just had a retest, anticipating a bullish move at nyse open. Considering GBP bank holiday this may suffer from lack of volatility.
Previous 2 sells got clapped, looking to make one last attempt at catching the down move. Previous weekly closed as a strong bearish rejection. Expecting the swing high to be respected and sells to occur around 162.180. If this level is broken then bullish pressure ensues and sells would be invalid.
Price tested 161.500, weekly high made. Now expecting a bearish continuation of weekly trend, prev week was big rejection. Wedge broken on 15min tf. This could swing down to 158.000.
Price very overbought. Prev weekly closed strong bearish rejection. 4hr rejections off 161.000. Sells all day.
Gold previous weekly candle closed strong bullish. Current weekly candle moved bearish during asian and london. Found support at 764 4hr fib zone which is also the third touch on 4hr tf trendline. Anticipating this to be a higher low on the higher tf to make a higher high later this week. Double bottom on the 15min tf gave confirmations for entry.
Price retested a 4hr level at 1946, also 764 fib level. Price dipped below 1950 to grab liquidity, anticipating the weekly to close bullish after a rally up into 1960.
Price rejected 75000. key psychological zone, very overbought, weekly supply zone. Safer entries or scale in below 0.74500.
Price is currently at daily fib 88 zone, currently made support on the 4hr timeframe. If price closes below 0.74530 4hr support on the 1hr timeframe il be looking to sell. Price is very overbought and is due a retracement, also divergence on the 4hr tf indicating bearish pressure mounting. Maybe USD Crude oil news later will be a catalyst for the move.
Price tapped into a daily resistance zone, looking left on the weekly there was significant consolidation here too. 15min tf showed fading bullish momentum, anticipating a retracement to 1.31600.
Gold is at daily support, 88 fib zone. Created a range and broke below but struggled to move down further. and found support. FOMC was not great for the dollar with inflation and economic risks remaining. Price oversold and expecting a retest of 1970.
Price has been bearish for 3 consecutive weeks. Currently at a massive weekly zone and near 1.30000 psychological level. Prev 4hr printed bullish , currently forming inverse head and shoulders on the 30 min tf. Buys taken to catch the move up.
Price overextended to the downside, and broke the previous weekly low clearing all buyers. Giving longs another go based on the same reasons as the last idea.
Price is oversold, there is alot of liquidity sitting above the triple top on the 2hr tf. Price currently at 768 fib zone and anticipating a push up with NY session. NFP today so things could get choppy but this is the best zone to take buys.
Price retested the bottom of range and rejected closing above support at 1894.80. Current 4hr is bullish. Still anticipating gold moving up due to Ukraine crisis. A 4hr closure above 1900 would allow for safer entries.
Gold has moved back above 1900 after making a higher low and higher high on the lower timeframes. 4hr has flipped bullish and grabbed liquidity from downside, Putin ready to deploy troops to Donbas which will be seen as invasion force. Weekly is also bullish so anticipating gold to move up.
Gold retraced to 764 fib zone and around 1900 level. Russia war uncertainty will see gold rise and this is a good price to hold to 1930-50
Price has once again tested strong resistance level 1.36300. Big rejections from this point in the past, Price is overextended and due for a retracement. Russia war news making dollar safe haven strong which will move price down. Price is currently at 0.88 fib level providing the best price for shorts. Safer entries or scale in after break of 30m support at...
4hr Broke resistance and has been making higher highs n lows. Current 4hr candle retraced to support and we had a bullish 15 min candle break previous candle highs. psychological level 72000 broken on 4hr.