long gold for the few days up to 1119This is SBSTOCKS.COM take on GOLD this week. looks pretty strong taking in consideration the fall in stock markets, and instability in all over the place.
might be a good idea to take a look on some longs. short term. however this is very aggressive as gold is in a long term down trend.
targets might be on @1119. look for supports on lower time frames, 1h. 4h. don't trade on Monday
Below is a daily chart showing elliot wave counting for impulsive move up. we might be in wave 4 might be completed on Monday-Tuesday.
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AUDUSD Short @ market for swing of 150 PIPsGood morning traders,
This is our take today @ SBSTOCKS.COM on the AUDUSD pair for TUE JUN, the 26th.
IN A NUTSELL: the pair is in a down trend for the past 20 days however a strong pull back 61.8% Fibonacci level two days ago and as you see all the chart a shooting star candlelit steak formation one have happened
Looking at that we may recommend a short position on the peer following a signal under 15 minute chart, however this will be swing trade for at least five days so Ia market entry could be accepted
Conclusion: short at market
Comments are very much welcome