Looking for this rejection to continue and hopefully we can see a nice push up to then give us a risk free trade to start the week! First targets 0.65000 where ill look at taken a percentage then hopefully can push higher!
Looking to see if we can see a push from the current area or maybe a little dig down into the 0.99 support for then price to continue the upside rally to the last long term lower high... either way we should get a small move up so will look at entering and moving stops to break even..
No trades at the moment but just sharing the area ill be waiting if price can make a retracement to it. If price does make that short term downside move ill update the reversal moves ill be looking for from there and hopefully we can catch that next leg up!
Still holding that long term short bias but am also open to getting another possible buy position.. trading for me is just entering at the most likely areas price moves from and then take what comes off that..
Nice move up last night as expected so trade is running risk free and trading above that minor resistance I pointed out, Should see price tap into 0.99 where ill be taking some profit!
Price got messy so I closed my trade a break even, since doing that we seen another attempt to push back up so I will be eyeing out some more buys if price can make a right shoulder rejection off 160.500.
Looking at adding some more buys if given the opportunity, 0.71 is an area Im looking at for a new support to continue the uptrend. I am also looking at the potential for a long term short if we can see a reversal from a further push higher.
As tensions around the world heat up so does the gold buys... if you traded gold during the trump presidency you know how wild it can be to day trade lol. As we see huge upside expect for some sharp sell offs, that's where ill be looking at adding positions for a lot more upside!
Price has been respecting that support of 1.13000 very nicely so I've taken another long from there, I'm holding my trade a risk free at the moment as price on the higher time frame does look very weak, so this upside move we are seeing now may just be the retracement before then going lower.
The title pretty much says it all, I'm looking for further rejection off 1790 for a move back to 1820. If price doesn't support the currently level we will see price most like back down at 1764.
If you missed the little push up last night don't stress, price has been slow and looking like it may fail this minor resistance for a push back down to support or atlest make a small retracement before moving higher.
Hopefully a few of you buys jumped on this one but I've been in holiday mode so have been missing all the action. Ill be now waiting for a retracement then marking on some levels for further buy trades.
Looking at jumping on some buys off that support of 113.500 and pushing back towards 114.200.
this pair has formed a valid trendline with 4 touches and now we are waiting for a momentum candle close above our last swing standing to enter a buy trade