DM us for FREE lessons that will take your trading 30x 🔹 The next support from here is $1,800 — Any breakout below $1,850 will push Gold lower 🔹 The next resistance above $1,850 is $1,877 — any rejection from here will push it higher $1,920
Below 0.7640 AUDUSD will become bearish. Otherwise, AUDUSD should be bullish 🔹 The next support from here is 0.7640
The next major support is the 0.7350 - 0.7400 zone
Expect a bounce. We have some confluence -bottom of the primary trend line -.786 fib retracement -200DMA -RSI 20 (during the last 2 years, every time we got this low, there was a considerable bounce)
🔹 Below 0.7640 AUDUSD will become short-term to medium-term bearish 🔹 The next major support is the 0.7350 - 0.7400 Zone
dec 8, dec 21, and jan 6 saw highs, then a fall back to the trendline. if it does not fall under, we should see a rise back up to the previous 1961 high by the end of next week/beginning of the following week. shortterm still looks bullish asid from these occasional overnight megasells. in terms of fundamentals, i think the next few weeks could see sideways or...
AUDUSD H4 As u can see price in healthy uptrend, price is respecting 50 ema. I think price completed the swing to the top north which is indicated by the bearish engulfing candle. I believe there should retracement to the previous broken resistance which aligns with 50 EMA and look for how price reacts. If we get any buy signals candle stick patterns then we can enter.
AUDUSD Weekly On the weekly price is coming to the key level that was respected in the past. There might be a retracement for couple weeks after which price will complete ABCD pattern. AUDUSD Daily 1.7650 Looks very important level to me. We should look how price is gonna react next week on this level. If price shows any signs of reversal, there is 250 pips...
Ill wait for price to retrace down 0.74500 for a buy. it may be a short buy as price might go down further after it but you will make a bit..
🔹 Below 0.7530 AUDUSD will see the 0.7400 support 🔹 Above 0.7530 — resistance is 0.7640
Seeing bearish timeframe confluence from the weekly down to the 4H. Bearing pinbar forming around the .75611 resistance zone.
🔹 Above 0.7530 AUDUSD can visit the 0.7640 zone 🔹 Below 0.7530 the next support is 0.7400
Price currently aproaching the recent swing high at .74011. Waiting for confirmation with EMA cross and a trend line break
Looks like a nice channel here. Especially when this one seems really underestimated among others in the industry. But mind fundamentals, news and gold price.
Lets see... If it rises to the top of the channel. That would give it a whopping P.E. of 14 Not bad considering earnings growth of 25%+ over the next 5 years Also nice dividends... Most of the miners should be bought on any and all dips...