GOLD SETUP. Are we looking at a simple break and retest of the descending trend? Entry: 1935 SL: 1920 TP: 2050 R/R: 1:10
Price has held at our key resistance level. 200 MA and 0.618 Fib level acting as further confirmations. SL - 1.284 TP - 1.225 R/R - 1:3
Price has reached our resistance level at 1815. Price has been consolidating between the 1795-1815 region and we believe we will see a pullback before bullish movements. SL - 1823 TP - 1770 R/R - 1:4
GBPAUD SETUP. Will we see a retest of our trend line support? 0.618 Fib level acting as a confirmation.
With price breaking and retesting our trend line support are we looking at more downside? 0.618 level and 50 MA acting as further confirmations.
Price has reached our trend line acting as support. SL - 1.898 TP - 2.10 R/R - 1:7
Price reached 1.14 last week activating our sell limit at a key resistance level. TP - 1.05 SL - 1.156 R/R - 1:6
With price approaching our respected trendline, we will be looking for long positions. Could this be the break to 1800? Entry - 1715 SL - 1708 TP 1 - 1735 TP 2 - 1800 R/R - 1:13
Waiting for price to reach strong support at the 1695-1700 region. 0.618 retracement also at the 1700 support level. BUY LIMIT: XAUUSD ENTRY: 1700 SL: 1688 TP: 1740 R/R - 1:3
Price reentering our support level. Sl below 0.5 Fib Level which has previously held. 200 MA also lining up with support level. Entry: 1.70577 SL: 1.691 TP: 1.765
Price approaching key level at 1.14 SELL LIMIT: Trade 1 Entry: 1.14 SL - 1.156 TP - 1.09 R/R - 1:3 Trade 2 Entry: 1.14 SL - 1.156 TP - 1.05 R/R - 1:6 TP - 1.05