it has broken the trendline & pulledback but the bears hasn't been able to come back down, potential entry at 145.398
Potential short after it breaks the trendline, possible one more leg down to retest the low
SIMILAR POSITION AS THE GBPJPY, WAIT FOR THE PULLBACK FIRST
GBP/CAD has been rejected by the daily trendline and it is looking as though it will get rejected again, once that rejection occurs I would expect prices to move below the orange trendline to restest the support zone before potentially moving back up to breaking the daily trendline
We can maybe see one more leg down for gold before it goes back up
The USD is continuing with its strong bullish momentum, its currently pulling back and there is a potential entry at the bounce of the trendline. If it does break the TL and makes a flag, then it may look more bearish
We could potentially get the same move as the previous one next to it
Wait for a clear break, then a flag then buy it up
Wait for the break, a pullback below the TL then sell
It just had its bearish impulse down, now it has consolidated, if it can we a flag below the TL then it could be an opportunity for a sell
After the big move down, it has corrected it self abit. Lets see if it can continues the momentum downwards
Waiting for the flag to confirm the downtrend, then will enter at the top.
Its been in a consolidation for quite some time now, now it has broken through the ascending TL, waiting for the pull back to see if we can get in on the trade
lets see if it still continues its bearish trend after that correction
MA Crossed over, awaiting the retest of the TL before deciding to enter
Waiting for the pullback/flag then will short