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GOLD MAY RETRACE. HERE IS WHY! hey traders, I am and I was among those traders, who was skeptical in a further exponential growth on gold this autumn. And finally selling volumes have been accumulated and we see a strong bearish breakout of key structure support. Our bias clearly remains bearish and there is a lot of space to go lower, however, what is worth paying attention to is the equal measured move formation and slowing momentum on a lower timeframe. for this reason, there is a high chance to see a retracement to a broken structure level, and then, most likely, more sellers will jump in and we will see a bearish continuation to lower structure. our first significant level of support will be around 1446. Adjust your trading plan accordingly, good luck! *Please, if you want more ideas on gold, support this idea liking it and leaving a comment, thank you!:)
OANDA:XAUUSDShort
by VasilyTrader
10
“EuroStoxx: going up as expected" by ThinkingAntsOk4H Vision Explanation: - Price broke the Descending Trendline and started its up move. - Price reached our first target at the Resistance Zone . - Price has potential to move up towards our main target at the Major Resistance Zone . - However, the Bearish Divergence could be indicating a pullback to the Support Zone before going up. Take a look at our Weekly and Daily Analysis! Weekly Vision: Daily Vision: Updates coming soon!
OANDA:EU50EURLong
by ThinkingAntsOk
Russel futures crossdown formingOpened green but getting rejected at resistance like es and nq. On 30m chart a crossdown forming which could see a bit of a drop. I wouldnt be surprised to see all 3 indexes open in the red tomorrow. Puts held over weekend would make some money but not enough to be a big win per say. Still glad i stayed out this weekend. But as we know. One trump tweet could change the course drastically. Could see some choppy markets still until feds on 18th.
CME_MINI:RTYZ2019
by MoneyFlow_Options_Community