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Retracement is over.
Simply BUY Gold
Target 1341 and 1360.
Fibonacci Levels on the Chart.
Midterm Trading Idea
DISCLAIMER: This analysis is provided as general market commentary and does not constitute investment advice.
CHART TIMEFRAME : H4
INDICATORS: EMA50 & EMA100
CHART PATTERNS: Double Bottom and Potential Bearish Harmonic Pattern to be completed at D Leg. - Fibonacci 88.60 of XA -
NOTES: 63.00 Neckline of the DB
AREA OF ENTRY: Current Level and Possible Retracement EMA50 Support.
Details as described on the chart.
DISCLAIMER: This is a technical analysis study, not...
CHART TIMEFRAME : H1
PATTERN: BEARISH GARTLEY
Pattern would be completed at D - 0.78430
We look for a short opportunity at D.
AREA OF ENTRY: 0.78430 - 0.785500
Details as described on the chart.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
CHART TIMEFRAME: DAILY
PATTERN : BROADENING WEDGE
Details as described on the chart.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
CHART TIMEFRAME : H1
INDICATORS / PATTERNS : Resistance Breakout / Bearish White Swan Pattern
We just set a pending buy order above the resistance 1.78800
Targeting the D Leg
We look for a short opportunity at D - Bearish White Swan Pattern -
Details as described on the chart.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation...
CHART TIMEFRAME : H4
INDICATORS: EMA50 & EMA100 & MURREY MATH LINES
Price is below EMA 50 and just above EMA 100
We look for a short opportunity with the break below EMA 100.
Details as described on the chart.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
