terri_miles

terri_miles

gold closed right below the resistance which means it will ride down to the support below....it didn't create a HH bc it want to go retest the support...therefore, i have a sell bias and i see the price of gold falling

terri_miles

price should be rejected and go upward to $57 to the support it broke

terri_miles

price broke out of a counter trendline and is going all the down ....tho i got in late but we can enter after the first pull back

terri_miles

the price closed right above support on the weekly chart and ready to go test the resistance one more time before it head downwards....

terri_miles

the short bias still hold but price broke a support and its expected to retest it and head downward....

terri_miles

the price broke below that support and i expect the price to retest it and go further down but that can be determined by the price...we will wait for better confirmation...

terri_miles

waiting to see a retest of the broken support turned resistance then take a short order....

terri_miles

it broke a strong key resistance to enter a sell zone.....we are in that zone so we should enjoy the sell order down...

terri_miles

since price broke above resistance, it confirms the upward movement to test the top ....so i expect price to make a short retracement and be rejected to move higher......we got ourselves a continued long position at hand.....

terri_miles

the price broke below a support turn resistance which it is retesting by retracing to point 0.38 on fib level which is aligning quite well with the market structure.....expect the price to go up and be rejected on the support turn resistance ,then we take the sell order down to the support down

terri_miles

either way price choose, breakout of the trendline upward to test the Resistance on D1 or keep going down

terri_miles

price is at a place is strong support and the close of that daily candle wlii tell who will move the market... Will that be the buyers or the sellers?? only time will tell.....

terri_miles

price broke out of resistance and its going to retest it so that it cam go further down....and that is in confluence with both market structure and 0.38 on fib level...

terri_miles

price is seen to break the counter trendline and is expected to go upward to the resistance above....

terri_miles

i even see oil falling in price to 53 dollar where it was before in Oct 19th.....it broke out of a weekly support and is seen to retest it now

terri_miles

this is an extended W formation which is why price should be rejected on 0.38 on fib which is where prive is now...i see continuation on that impulsive move upward

terri_miles

gold is ranginging within that confined space for a while now.....whichever direction the price decides to go will be decided when it breaks that trendline....

terri_miles Updated 

price is at a point where buyers and sellers are going to decide who will take charge of price direction,we will see what candle will be formed at the end of the day to know what to do next.....but i see a possible short