Market moves in a channel pattern and still expecting to continue like as.
dollar still move in a channel if channel break then expecting more down however momentum is still showing to continue move his channel after a small correction
Market expecting to make double top and start short correction
market respecting on double top area and major expecting to start correction
Now market respecting on demand zone and expecting to continue moves his channel
Market stuck on a high supply zone area and expecting to move back from correction
pond now stuck in a bottom and expecting to pull back from here
Now market stuck in a range box 1985 to 1953 and expecting this week till move in a box however if market break above 1985 then next target will be 2000 viseversa if market break 1953 then next target will be 1936
1995 level still pending for retest and today and tomorrow also strong fundamental data (unemployements claims plus FED powell speech on Friday) If market Break Below 1965 then next area strong support is 1936 If market follow the range major chance to stuck again on 1975 to 2000 levels
Market now testing major support zone and make triple bottom then looking for buy
Gold test 2018 level which is support become resistance and now all depend on FOMC today because if rate high has been happen then market change their move and buyer's will be trap and next target would be 1937
IF market break 2012 then buying pressure ON to make new high otherwise market continue range and drop till 1976-1971
market still move in a pattern and expecting to move in a same range area
gold higher time frame is still buy and current selling is just correction and major support level is 1957-1936-1916 if these level will be break then will see next direction all thing relay on next month FOMC and NFP data
market bit move side ways range today in h1 time frame and also seems like low volatile conditions
Gold little bit side ways but making lower low and expecting to hit 1957 to till 1927
Markets keep respecting double bottom and very strong support zone and major probability to break up and respect again 104.99 level
Gold now showing selling pressure and seems like start buying trend correction in the higher time frame and as expected 1957 and 1937 is a key zone to start again buy trend