High possibility that we could see more down movement with Gold
the big picture showing us an invverted double head and shoulder The small picture showing us a range between 1.32045 - 1.31407 that price has just recently broken out of from. Our first long entry would be at the retest of the recently broken range the second entry at the break and retest of the inverted head and shoulder pattern around 1.332517
Sellers showing strong interest. Not enough bull power Wait for price to close beneath the support
Price could be gearing up to revisit the up side
There is still a lot of room for this pair to push a lil further up
Price returning to this major structure after closing beneath it on Friday with not much bullish aggression could suggest that price could potentially drop further
Expecting a push up towards 1.79218 after price closed with a bullish engulfing candle on Friday and a fake breakout above the 1.75955 level.
Anticipating a drop once price breaks that major support
Price looking very bullish after this chart pattern formation. Anticipating a long move to the upsiide
will price break out of the pattern n lose more value or will it break above 1.18462 and keep going up
Similar to the USDJPY, this pair also is showing a great sell potential with 2 possible targets
we see a further drop after price fell back down below 106.208 yesterday
the overall bullish momentum is still very strong thus anticipating another possible push to the upside
looking to go short once price reaches that zone of interest as it previously played gud resistance and now that it has been broken price heading back up for a retest
Gold failed to push further down as we previously anticipated and was met with a strong rejection showing buyer's interest. Also a well defined ascending trendline can now be identified with 3 successful touches. Now we all bullish bias and waiting for a retest to take a ride to the upside