Trading inside channel for a while now. If it breaks and closes below resistance the we should se movment down to 1700 as a first stop and potentially 1680 as a second stop
Bouncing of resistance in a secondary wave - Downwards trend
BOuncing of support. If it bounces 1 more time we can se a move to the next support at 60
Just an idea and thought. bouncing of long term support and between resistance lines
Strong price momentum often leads to continued strength in 3-12 months' time. Company. BandWidth. RS1m RS2m RS3m. RS Rank Starbreeze AB 45 98 99 99 97 (!)
Bouncing of support line to further adjust Golds next move. Anticipation also to rise as a effect on falling stock prices as investors are looking for other investments
Not trading advise, published material are personal thoughts
Crossing MACD line and will retest 1 and 2nd retracement level
From existing position or from 1450 - go long. Still uptrend and once retracement (and all makro trends) is in order Gold will potentially move to higher highs!
GBPCHF is hitting resistance and if it stays below it should break to first level of retracement.
Testing strong resistance in 120.5-121. Continious downtrend
Thinking bounce back for copper as it tries long term to move higher. might retest some lower levels first but hughe upside potential
Gold can hold and still use long term trend to move upp. Moving a bit inside channel but can bounce back from last weeks large movement. Aiming to 1480 at first target and then potentially onwards to 1495-1500
A bit oversold and should be aligble for retracement. Testing short to around 5800.
On a longer perspective, Down trend EURJPY has been slowing down here for som retracement or about to shift upwards. If it breaks and closes well in blue box, we can see the pair moving down to previous support. If close below 119.85 then moving down to 118 support.
Following the wave I created a weeks ago. Should continue trend to higher levels. FIrst key level 65.2 and if retracement allows, continuation to 68-ish
A bit of speculation but Palladium is still bullish and going strong. Metals are being moving strong in uncertain times as well as Palldiums impact on auto industry wont slow down this year. TP 1 -1850 T P2 - 1900 TP 3 - 2025