Stackin_Guap

Stackin_Guap

Price very overbought. Prev weekly closed strong bearish rejection. 4hr rejections off 161.000. Sells all day.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

Price rejected 75000. key psychological zone, very overbought, weekly supply zone. Safer entries or scale in below 0.74500.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

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.

Stackin_Guap

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

Stackin_Guap

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...

Stackin_Guap

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.

Stackin_Guap

Trade taken based in higher timeframe highs n lows, price has been making highs n lower lows on the 4hr, currently at 768 fib level so anticipating a drop here. DXY is currently consolidating at a strong support so a breakout to the upside could happen soon and this would cause a drop on GU as the dollar gains strength.

Stackin_Guap

Price has retraced to break the swing high but I believe this was an overextension. Currently at golden fib zone and there is a bearish rejection candle on the hourly timeframe. Anticipating the higher timeframe trend to hold and price to make new lows. High RR swing potential. There is Red Folder ADP news for the dollar later today, I believe this will be the...

Stackin_Guap

The dollar has seen strength recently and has since retraced but for now I believe its rally will continue. Price has retraced to the 50 fib level on the 4hr timeframe and has shown bullish pressure on the lower timeframes.