This is my personal current and long-term view of gold. Gold has rejected $2,000s psychological price area very strongly. Indicating an increase bearish sentiment for gold on a broader aspect towards $1,800s.
GBP/JPY: GJ made a daily double top before breaking a significant structure in price. GJ now has transitioned from bullish back into bearish pressure. I'm Looking for a continuation of downside to 175.8 as target price area.
XAU/USD: Gold has reached the top of weekly range and is now showing strong rejection of 2000s top. As well as breaking support areas. Daily also closed on weekly with a strong bearish engulfing. I'm looking to target 1934 first and then possibly 1883 as 2nd target.
XAU/USD price is increasing with more bullish pressure and is showing a continuation of current trend. 2062 will be next potential target for upside movement.
XAU/USD: Gold previous daily candle closed with a strong rejection that signaled buyers was exhausting and potential selling pressure could push price down. 1914 is current target for downside
USOIL price is still selling strongly and is in continuation of bearish trend. Right now structure has formed a LH showing stronger selling pressure. Next target is 70.12
USD/JPY price is trending more strongly than ever and doesn't seem like it will stop. 152.476 will be next price target for this current trend.
USOIL price is selling strongly and is in a bearish trend. Current target for this selling pressure is 71.95
GBP/JPY Broke a significant structure in price and now has transitioned from bearish back into a bullish trend. Looking to target 186.822 price.
EUR/USD Broke a significant structure in price and now has transitioned from bearish back into a bullish trend. Looking to target 1.08213 price for continuation of current bullish trend.
USD/CHF Price has transitioned from a bullish to bearish trend. Price is currently showing exhaustion to continue selling pressure. 0.88089 will be my target of price.
GBP/USD has not broken any significant highs. Price struggles to break above 1.233 area. I expect continuation of sell pressure towards 1.21203 target
NAS100: Price is currently making a descending triangle on daily and is maintaining structure for continuation of bearish trend. 13716 is the next targeted price.
US30 has retraced all the way back to previous daily high and retested it. Now I'm expecting price to transition back to bearish trend and continue sell pressure to 31832.6 price.
NZD/USD has finished retracing I'm currently waiting for price to drop a good bit and to continue bearish pressure to the downside towards 0.56984 target.
Seeing rejection on daily timeframe while respecting an area of exhaustion and potential lower high im looking for a bit of retrace to 1915- 1889 as potential targets which is around 1900s price point
BTCUSD is back and is getting better. Get your Lambo ready
GBP/JPY has been very confusing to me as of lately. Currently I'm noticing a transition is occurring and seeing buying pressure maintaining which has invalidated my bearish bias. Being adaptive is a key point