Tight SL. Support holding nicely with those wick. Brexit is coming, so long the news
Support trend line nicely holding. Brexit coming too, so long the news
Broke trendline + Bearish engulfing on higher timeframe
In the coming week, I would like to find opportunity to short this pair. From daily timeframe, we see it broke a trendline and retested and forming a long wick showing bearish power.
Gold is falling since the speech from the president and broke the major support. From above, we seen a broke in support and also trendline, now it retested it. Good time to short now to at least 1540
Gold has just respected and clearly rejection from the support trend line. If it breaks 1580 by tonight, most likely it will fly all the way to back to test the previous high
Breakout happened and support trend line holding nicely despite positive US news from ISM
As we can see here, this pair is now hovering at the resistance line and also the trendline resistance. I would be more on the bearish. Let's see how it goes.