chrisohsnap

chrisohsnap

Great buying opportunity for next week. After the head and shoulders formation we'll wait for a break of that supply zone and enter on the retest of the zone. No trade entry for Friday 10/9.

chrisohsnap Updated 

Gold has been consolidating for the past few days staying in a ranging market. Weekly perspective shows a bullish trend but the daily has been at a stand still bouncing between the range respecting the resistance. I will wait for a strong move breaking either zones following a pull back to consider where I will be monitoring Gold. Give this a thumbs up if you like...

chrisohsnap Updated 

Previous daily zone was broken. Looking for the pullback into the zone to sell (4:1 risk reward) . I will be looking for a buying opportunities in the next daily support level.

chrisohsnap Updated 

Sold at the higher high TP... now it's back down touching trend line for a possible upwards movement if this follows the trend. Could make a higher high I am keeping my TP conservative. Wait for confluence risk to reward ratio 2:1

chrisohsnap

Gold was all over the place on Friday. I entered around the wick when it spiked upwards for a sell. It was at a range market all last week never broke out of the higher high. Strong levels of support and resistance. Monday there should be spike downwards as there shows indication of buyer exhaustion. My take profit is conservative and slightly above the lower low...

chrisohsnap Updated 

Nice symmetrical triangle forming indicating a bullish move soon. Once 5 EMA (blue line) goes above 10 EMA (brown line) and the 4HR resistance line is hit (purple line) it will be a clear indication of a bullish signal heading towards upper trend line.