


I cant really call it at the moment. Price is indecisive as we come to the monthly transition. The last day of the month and anything can happen. Watching for a solid direction and sitting on hands for now until London open. Expecting some good price action for both sessions going into Thursday.
I been looking for a solid sell entry to continue the bearish trend that GU has been in. The dollar failed to break out and is now retracing to grab more liquidity to push up. in turn giving us a nice entry for a sale. We have to be patient and allow price to find its resistance levels. Expecting a nice set up for London.
We have to wait for more data on what direction it wants to go but I'm holding firm that it wants to continue bullish. just have to wait for entry. with all the geopolitical issues going on, Gold will be a safe space.
We need more data before we have a direction this week. The dollar is definitely bullish for the most part so being patient and waiting for a good sale entry might be the best bet.
price has been very bearish on price action. We not have a significant pull back to a area price can possibly react to. if it can maintain below this level we can get a continuation in trend. Trying to get it where I fit in and get some scalps OTW.
Monitoring price action and its looking like the Bulls might want to turn this thing around. Sitting on hands for now, waiting for London session to have more data to judge if its worth it to take a position. The dollar is looking like its almost out of energy and needs to take a rest.
Many of my trader friends trade the S&P. I dont because I trade London session. But im having a dabble in it to see if I can understand how it moves.
Looking at price action I think it might be exausted and looking for a pullback. Monitoring the key levels looking for a area to get active.
Waiting for a sale position to show up. The dollar is showing strength and not slowing up for now. just be patient for the right position.
Gold is PUMPING! Dont chase the price! Wait for it!
We might get a little movement tonight for London session but I doubt it will be much. We had a big move yesterday and since its now friday I'm expecting price to move rotational in some form of consolidation.
Price moved EXTRA bearish last night. So its likely it will continue. Just about finding where to get in at. looking for a retrace during London which should lead to a sell entry for NY session.
Now that we have a breakout we are looking for a entry to continue the move. with news at 2am we should get a solid entry to get active. Just have to sit on hands and wait for it.
We had a tight consolidation last week. This week I'm thinking we can get some better moves.
All week we have been in consolidation. yesterday we had a break to the downside but it failed to continue and starting to revert back to the consolidation zone. Maybe we can end up getting a break out from this zone to the upside to close out the week...
now that we have news out the way I'm expecting to get some movement and a breakout. Holding out till London session to find a solid entry within the killzone.
if we can get a breakout to either direction we can get some indication on where price wants to go next. I'm expecting bullishness but sitting on hands and waiting for London session before calling it.
So we are bullish for now on GU Looking for it to break the previous weeks high before continuing bearish. If price can not break below the previous daily level and hold I'm looking for the push up for a better sale opportunity.