Gold has resently touched resistanced and created equal highs. We might see it retreat to 2500 pivot point.
Gold has broken resistance and currently retesting. Catch some peeps
Gold has pulled back to retest last week's resistance. Incase it doesn't break to the upside we expect sells to the downside to test the strong daily support zone. Generally we're still in a range.
EU is at support level and if it keeps holding we might see bulls riding to the retest resitance at around 1130.
Gold just retested the trendline. We look to see more buy opportunities as we push to take out liquidity at the resistance level.
We continue with buys. Gold broke the trend line giving an opportunity for buys possibly to take out the equal highs liquidity. Wait for possible retest to buy.
We keep killing gold. Gold to the moon based on fundamentals. We had a good puul back to gain bullish momentum.
Following gold's response to our analysis and bagging pips, it has reached resistance area and we expect a brief pull back to either of the areas of consolidation then break aggressively to the upside.
GU has formed a head and shoulder patters. Catch the pips to the downside targeting 50pips at least.
Gold is on long term bullish trend FUNDAMENTALLY. But technically we see double top on 4h and 1h where gold closed below neckline signifying reversal of trend. Following strong rejection after breakout it's back to the retest,if bulls break support we might continue with buys. If not, gold will drop further to 2481 support.
As we stay bullish on gold. We are looking for buy opportunities. Gold should take the equal lows before proceeding upwards to break the highs.
A brief view of gold movements towards continuing with the buys. Gold is bullish