4h bullish structure invalidated. Break and retest with a double top formation. Likely to fall?
Silver is already leading with shorts. We have a 4h bearish bias/structure. Target back to a high low.
Possible inverse H&S ?? Wait for price to invalidate the bearish trend by breaking the neckline
Price is also trapped in a range . Price had a strong push phase without a correction. And we know that every push is followed by a correction.price has reached the top of the range , is it going to correct ? Scale down and look for bearish setups
Price has been trapped in a huge range on the 4H structure and we will have to wait for clear direction once price breaks out or alternatively we can take advantage of the range and trade it (i don't advice it) if we can see a break of 1.26949 and close below we could potentially look for sells
Waiting for the dollar index to break the range either up or down which will then give us a clear direction. Dollar uncertainty makes GU and Gold unclear too so rather just wait for break and rest of either level
Gold gave us a double top on a Daily TF .scaling down to H4 we see a bearish behaviour and we have to wait for structure (lower high) to form then enter sells
Gj bulls stepping in ?wait for price to correct the push phase ,creating a higher low . Then scale down for bullish confirmation
Waiting for GU to pull correct the push phase and look for bearish continuation at the key level on the down trendline giving us a 3rd touch for possible sell
Bearish structure, price showing bearish continuation. 1h chart we have a break of structure and price is currently consolidating ,a break of 179.546 will suggest a continuation of the bears
Bearish beahviour and we have a 1h momentum candle from the double top. Price will possibly push to 2055.00 next week?
Gold update from start of the week, targets reached 2080.00 level
Will price reach 2085.00 ? Currently bullish behaviour ...wait for price to create a higher low and scale
Triple bottom ,wait for bullish market structure formation
A hold of the 1.267 level and depletion of bears with bulls showing momentum we might potentially reach the previous high printed in with the bearish dollar index
A strong push from the lower higher would suggest bears are in control and should expect a bearish continuation
I see a short on oil inline with the negative correlation of gold. A pull back to the neckline of the double top and signs of bulls depleting bears stepping