The price is heading toward middle bollinger band on the h4 timeframe. I feel price will buy to resistance zone, then retrace and continue to sell long term
I feel the price will continue momentum and head to the first sell zone. From there, continue towards the last zone, then touch support. If price can break support on the daily, then that means it will potentially continue to the next destination on the monthly timeframe and sell for the overall trend of the monthly timeframe for this pair.
AU will continue to sell and I can see a potential "W" formation starting to form on the daily timeframne. I feel there will be some pullbacks and consolidation before price reaches support but it's headed there.
I feel that the price will keep buying long term. Price bought from support and is headed to the resistance price. I'm looking for the breakout around resistance and head to the next destination on the daily timeframe.
I feel that Gold will continue to sell towards resistance price on the long term daily time frame, but I also see a possible short-term breakthrough to the top with a bullish movement to push through support. Price may also consolidate within the current channel that it's in, then eventually break to the downside as planned.
This is my analysis for EU. I feel that the price will continue to buy upwards to the resistance price of 1.11184. There was a lot of bullish momentum on Friday and I feel that it will continue through mid-week Wednesday.
I feel that the price will continue with bearish momentum and continue to head to the downside. I think the price will break out of the channel I established and continue to head to the downside.
