alex_muchai

alex_muchai

Gold hitting multiple support and resistance on the way down

alex_muchai

Gold just touched a daily support, waitiing to see how low its gonna go. Cheers for those who are already in on the short

alex_muchai

XAUUSD uptrend to 1794, keeping a close eye for a jump to the upside

alex_muchai

looking for a sell for now

alex_muchai

usdzar just hit what was a resistance level now forming a support level hoping that now it will continue to rise to fib level 0.618

alex_muchai

anticipating a breakout, patience is the game

alex_muchai

let me know your thoughts on the comment section

alex_muchai

Last week the pair was pretty strong, and even broke some support levels, but seems the buying threshold has been met something like that , the buyers are lossing strength. So this week i will be expecting a good bearish trend for this pair but also expect some pillbacks. Have a profitable week traders

alex_muchai

The pair has just hit a major support on the 1H chart and right now we can see a bearish trend, which i hope it will keep getting stronger. Have a profitable day traders

alex_muchai

Below is what im anticipating on EURGBP pair

alex_muchai

Bullish trend analysis on XAUUSD

alex_muchai

Some analysis of what to expect on Gold

alex_muchai

The pair hit the resistance area and did not break, now we see a bearish trend and also there's an ascending triangle, which i see the price breaking this level and forming a strong bearish trend. join my telegram channel t.me/frostchartanalysis

alex_muchai

GOLD has been trapped in some sort of a triangle and seems it wont be breaking soon, right now it has hit the resistance area and my expectations is that it bounces to the topside

alex_muchai

Hey guys i just wanna say that i base my analysis on price action and its what i see its the same thing i analyse, i maybe wrong i maybe right and y'all know how the market can be so some workout others go wrong, we learn through our mistake or so i heard. To The Analysis Looking at the charts GBPCHF just hit a support level so we'll expect abounce to the...

alex_muchai

as seen on the support level the price has hit it like 3 times now, expectations is that it continues on a bullish trend and break the resistance area, will have to wait and see what happens.

alex_muchai

so my thoughts on EURJPY it retraced its way back to the resistance level, and looking back it has touched that level like four times, seems like a pretty strong level to break. uhm the way it has retraced to the resistance level i'll be expecting a really strong movement on the down side, trust your insticts right? Have a profitable Tuesday. drop your thoughts...

alex_muchai

this pair ussually gives me goosebumps, still on the buying side havent changed my mind yet.