


rreid528
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Joined Jul 9, 2016
4hr
aud
daily
dollar
euro
eurusd
gbp
gbpaud
gbpusd
gbpusdshort
gold
long
short
trendanalysis
usd
xau_usd
xauusd
xauusdanalysis
xauusdbuy
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This is my outlook for Gold for the following week
0
Possible shorting opportunity to next support level of 1.23545 area - price has been consistently been between this channel - bullish pips act as early signs of possible short to next area - MA crossover of 21SMA and 8EMA looking likely (wait for crossover) However, price may decide to break channel later this week!
4
Possible long opportunity on GBP/AUD - 4hr and Daily chart appears to show early signs of C-D leg forming - strong bullish signals reversed off weekly resistance at 1.6570 - bearish candles unable to break 61.8 Fib Level and now reversing in a bullish direction - Aiming for weekly resistance of 1.6570 initially but hope to break further.
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