wealthsmith23

wealthsmith23

The market has been moving on a very choppy uptrend and that correction is heading towards a strong resistance of daily and weekly chart.... An overall perspective on my view we should be heading up on Gold only for a short while then shoot back down heavy for almost 2 to 3 weeks before December

wealthsmith23

A possible sell is emerging as we saw last night the market closed as a strong engulfing bear right just below 1.14000 with a spike above the supply zone engulfing two days candlesticks showing the Bears stepping hard, a breakout on 4 hour time frame below 1.12483 will push the market just exactly at @31.8 Fibonacci retrace testing Daily demand zone ranging...

wealthsmith23

My thoughts on Eurgbp... The market has been testing the supply zone with four hour touches around 0.90000 with Tuesdays H4 Bearish candlestick closing with a long rejection within the supply zone indicating long Bearish movement but moving within a small consolidation heading to breakout below 0.89595 and 0.89500

wealthsmith23

The market created a continuation pattern around between 1710 - 1740 with an extension moving towards 1452 a Possible Re-trace around this level to Bearish move