Marobza

Marobza

looking at this chart, I see head and shoulders forming. I'm expecting a sell.

Marobza

Hold this, price might re-test the support at 1758.44, bounce to 1794.98 to our resistance then we can see a big drop 1678.84 to our weekly support.

Marobza

i see the resistance to be a support. at the moment we are going long

Marobza

buying after the resistance

Marobza

i think thing might happen next week

Marobza

We are going up.

Marobza

the price might re-test the trend line to break the resistance. so i will have to see this one

Marobza

waiting to go long after the price break the trend line then i go long.

Marobza

Once the price break the support am going short. it has broke the trend line now the price is preparing to go down

Marobza

I am going shot for now. I'll wait for a triangle to broken after.

Marobza

Am waiting to go long. I see a reversal in this pair. i will wait until i get confirmation to be long.

Marobza

Currently gold is at 1643.42 it is heading to 1795.26, As i look in 11 September 2012 the gold reached 1919.48 1 October 2012 the gold reached 1795.26. There is no sign for reversal at this point in time.

Marobza

bulls are still in control on gold. resistance has been broken on a 4 hour.

Marobza

on daily this is a buy.. look on 4h its also a buy. Not much to say on this one

Marobza

We are still oon the uptrend, let the price close above 1571.70 then enter with the buy. Again patience is the key here. DO NOT ENTER without confirmation.

Marobza

Am not good at prediction, especially when the market is ranging. At the moment i have to wait for the price to break the resistance or support then i enter. For now let me wait for confirmation then i will enter. The price should lead the way. Good pips let it break then enter.

Marobza

gold is still going up, we will see the reversal once the price reach 1776.23. At the moment let us collect these pips ladies and gents. Price once reach this area in Oct 2016 and Feb 2012. this is my view, the table is open for discussion.

Marobza

Price is moving sideways at the moment, since we always get surprises on the market. Wait for confirmation candle to enter short.