


GOLD-ROCK
Failure to break 1300 will take this lower. Its a bullish cup and handle formation. A break above 1300 will rise towards 1320. However with the resistance at 1300 holding. gold sets for a handle formation for 1250.5 towards 1185--1200 level before a bullish rise.i am bearish.
Gold in a bullish cup formation. Next handle outlook. Failure to break 1300 will take it lower towards 1250.5 and towards lows of 1185--1200. A break above 1300 will take it towards 1320. I am bearish for lower lows before rising higher.
GBP USD failed to break 1.28 to rise higher. with that on January 15th is another Brexit high impact vote. GBP USD rose on a weak dollar index support only. With this January 15th impact ahead, I am seeing GBP USD to crash lower towards 1.2300. a break of 1.28 will take it towards 1.29 which has too many resistance overhead. I am bearish in this manner.
GBP/USD if it fails to break above 1.2683 and hold above then its a U-turn for lows with hard BREXIT is now in focus. However if it breaks 1.2683 and holds above then its ONLY a temporary rise towards 1.276--1.28 before dropping lower.
Gold a clear break above 1260 will rise towards 1300. However failing to break resistance will take it lower towards 1185. I am bearish in gold.
IN MY PREVIOUS CHART I MENTIONED THAT IF IT BREAKS THE RED RESISTANCE LINE THEN IT WILL HIT 1.27. WELL IT DID. CONGRATS TO BULLISH TRADERS. Now expect this to crash to 1.235 minimum on a hawkish FOMC and Brexit Chaos.
GBP USD If it fails to break clear of red resistance line then the highs are seen. A break of red resistance line will take it towards 1.27 and if it fails to break then expect 1.235 minimum as FOMC ahead. My expectations is bearish,
If GBP/USD fails to break above the 3 resistance lines in red in my chart as indicated. Then the bottom is intact for further CABLE CRASH towards 1.235 minimum.
Fail to break above 1.263 and 1.268 resistance. This will crash for 1.235 minimum as the current political BREXIT situation is intense. CABLE CRASH !
If it fails to break above 1.2630 then it will likely crash to 1.235. A break above 1.263 can rally till 1.266 and above that for 1.2760. Based on the political stand of BREXIT at the current stage its heading for 1.235 crash. Cable will crash fresh lows.
GOLD-ROCK : Short further at 151.6--151.8 at any point in range. This will crash to 147+. We have been shorting this pair from the highs. Refer to my previous charts. Resistance at 153.9--153.8--153--152.5 and target 147+. Trade safely and Gd Luck. Gold-Rock.
GOLD-ROCK : BUY at 148.3--148 at any point and target 153--154. This will rise to complete the handle. Support at 147--147.6. Trade safely and Gd-Luck. Gold-Rock.
GOLD-ROCK : hold your sells and you can add further at 152.5--152.6 and target 147+ -- 148+. Trade safely and Gd-Luck. Gold-Rock.
GOLD-ROCK : it is only a buy and nothing else. observe the chart and you have a clear overview that it will rise higher. so Buy and hold and nothing else. Gold-will Bull higher. Trade safely and Gd Luck. Gold-Rock.
GOLD-ROCK : Gold-is still bullish despite the drop last week. Still if you notice the chart it made a double weekly bottom. With this i still expect a "MEGA Bull" rise towards 1374.9--1420--1470. Buy and hold at 1335--1336 at the opening and hold. Do not get trapped selling. Trade-safely and Gd-Luck. Gold-Rock.
GOLD-ROCK : It broke out of the Bull Flag in a surprise short term with volatility. This has changed the whole outlook of Crude Oil. The breakout of the Bull Flag has created a Trend towards 71--77--80. Buy it at 68.5--68.7 at any point in range and hold for 71 to recover. Trade safely and Gd Luck. Gold-Rock.
GOLD-ROCK : Further Buys can be made at 69-1--69.3 at any point in range and hold for 71. This has potential to rise towards 77-80 long term. Trade safely and Gd Luck. Gold Rock.