Sells preferred but cant rule out buys as ranging market Will need to see what gold gives us pre london
I see Gold either going for All time highs early in the week but if we break below 2,739,79 then i will be looking for sells to 2,720.
Analysis is basically waiting for price to show its hand London open, The bias is for sells. Targets have been marked if price shows a set-up. Waiting for break for support, a retest of that and to sell off.
Favour is sell but markets made massive moves to the downside strong chance of correction/retrace
2v2 Spilt on structure. Possible set ups for short and long positions
bias for eur/aud are Bearish, looking for breakout of key level, form resistance and catch the drop
Potential for buys and sells, waiting to see what market does at opening.
4h has formed support meaning potential buys if breaks last significant LH but untill then looking sells.
Just practicing analysis on bigger time frames as i am new to this. bearish trend on weekly with support and resistance at repeated key levels and a possible new support level?