omarie01
My latest analysis on gold, is this a bullish flag? what do you think?
On my analysis on the 4hr Time frame I spotted an head and shoulder pattern forming... a break of the right shoulder resistance could indicate a move towards the 3390 levels, while a rejection from the resistance could move the price to the 3320 levels.
Looking for a short position on AUDUSD for MMSM model..
Although, the pair is in an overall downtrend, I think on the intraday Timeframe the pair is going on correctional run. what do you think? Let me know in the comment section.
I saw that Gold had cleared the buy side liquidity which leaves room for the sell stops with liquidity on trend line that has to be taken out. My analysis might be sloppy but I have to try. PS: I already took this trade before posting.
My personal outlook for Gold short term sell… Disclaimer!!! This post is not for Financial advice for trading…..