Chance to sell near last week's high, good risk reward to recent lows and beyond.
Price action looks bullish to me overall. Looking long 14950-15000. Target 153 plus.
This one is a bit of a reach. The last long from this level worked. It is a daily support area with the 100 day. Try it again.
No idea if this is valid but bottom picking 1.1125
Confluence of factors for a continuation of corrective pattern. I'm still bullish longer term but good risk reward from here.
Still bullish on this pair longer term but nice confluence with 50% retrace, and butterfly pattern to continue the correction. Risk reward even with a move back to recent 146 low provides good risk reward.
I haven't moved that trend line I drew earlier. I expected support now we will see if that line serves as resistance. Tested the June high daily close last Friday at 1.1350. Will be looking to short on the Sunday open. If Fed hikes rates this week, 1.08 level easy.
Potential setup here for move from previous resistance area. If 1=5 target area above 158.
Simple trendline support and 11150 high daily close in July and August potential support area.
Intermediate term uptrend still looks to be in place.
Nothing complicated here but consolidation possibly over and breakout could carry this up near 150 before all is said and done. Bias is to long.
Potential Gartley long gold entry worth tracking at 1260 area.
Nothing complicated here. Looks like a very basic retrace and now time for another leg down. Break below the 50% level and maybe headed back under 15000 to start.
Trend line break. Potential third leg of daily corrective to 134 area. Short opened at 138.55