mdt2333

mdt2333

an upper band of channel touch and double top formation would encourage sellers to take the control...

mdt2333

the confluence of supports and lower band of channels is seen... do not try to sell it...

mdt2333

hey hey hey gold trader be aware of an imminent correction so here is not a good place for being long also short is not suggested,,, for now stay away....

mdt2333

the upside and downside moves are depended to the price behavior to the PRZ Levels

mdt2333

as the picture shows by the momentum slop is getting weaker and weaker, we may getting closer to the rally end

mdt2333

see how the EUR can go down

mdt2333

there is a slow and hard upward movement on the chart and this is enough for the price to be tried of going up and making a swing high and turn around to go down.use it

mdt2333

as the picture shows the fork is in play and if the middle line has not been touched, the exit case would be next role...

mdt2333

the slow movement seems to be out of steam and a fail break of 1.1370 would be another short setup for eur/usd...

mdt2333

the upside channel in the longer term view is still intact and 1830$ and 1947$ is available... enjoy it

mdt2333

as the upside momentum declines with correction wave, we expect the upside move is underway now. shorts take cares...

mdt2333

as the upside channel is broken we predict the pullback would confirm the downside move in near future

mdt2333

The big big big upside move is ahead and do follow the chart with this upside channel in next 2 weeks

mdt2333

As the picture shows, gold still is in no direction zone and any direction is possible

mdt2333

there is a downside channel on the h1 chart on the gold but the down slope is small and the chance of channel breaking is high

mdt2333

any breaking of the lower or upper band of the channel could lead a new movement in the market but by the sandwich situation we see in the DXY I prefer the short side...

mdt2333

by the technical view and also a small look at stock market , we expect the shining metal looses ground more

mdt2333

the big channel is in big challenge...