After a long bearish trend we see the market consolidating forming a bearish flag. After the breakthrough of the breakthrough of the pennant (flag as illustrated) we are looking for market to fall to 72.050.
After creating higher highs and higher lows we now see the market breaking and retesting key resistance level before long buy to our target.
Looking for market to form inverted cup and handle for this pair as it have completed semi-curve for the cup. Please see the link provided for reason why the market is shaping up the cup. ( www.google.com)
After a strong bullish trend we see the market forming Head and Shoulder in key resistance area
After a slip from the rally of the dollar and a moving bearish trend we now see gold forming bearish flag . On the daily we see a break and retest of the support ( please see for daily analysis ) we are looking for the market to target 1413 on the downside.
After a slip from the rally of the dollar and a moving bearish trend we now see gold forming bearish flag. On the daily we see a break and retest of the support ( please see for daily analysis ) we are looking for the market to target 1413 on the downside.
With a bearish trend we see where market had a false breakout today. After the breakout market should resume downward trend to complete cup. For long long term we looking for gold to reach 1790 to complete cup on the weekly () as demand for gold will be high for 2020 with a shortage of supply. Currently the market is in a consolidation state before pushing upwards.
After a major bearish trend from August 2019 to October 2019 we see where the market is now looking to shift for a long bullish trend . After breaking key resistance level we now see the market pulling back down to 0.93300 before breaking back into a long bullish to target 0.96600.
After a major bearish trend from April 2019 to October 2019 we see where the market is now looking to shift for a long bullish trend. Forming a triple bottom at key support level and also testing key resistance level we now see the market pulling back down to 0.83598 before breaking back into a long bullish to target 0.92300 and possibly 0.92900
Market structure shaping up to form the third double tops in this pair. We can see that each time market hit 69.800 it had a pullback to 69.060. Though there were false breakouts in previous trends we should see a more steady decline when market tests key resistance level.
After much consolidation between 1520 and 1475 we see gold looking to enter a new bull market. Our target is long buy from 1463 to 1530.
After completing a full C & H ( Cup & Handle) we see gold now on the bearish. Our target is 1462
We see a possible H & S forming to the right on the 4 hour time frame
We see market forming triple bottom on the bearish and has pullback to the neckline signalling an entry for buy. Our target is 0.88500 with trailing stops as we go along as the market could go further.
We see USDZAR bouncing off the key support on the daily time frame and forming a H & S on the hourly
Looking for market to push to 1.30000 before pulling back down to 1.22000
We see the market pushing down to 1.30200 to complete an inverted cup after which a break out to a bullish to form the handle.
After completing a Head and Shoulders we see the marketing still pushing to 112.000 in bullish.