MonwaM

MonwaM

Head and shoulder trend break and retest fibo 61.8

MonwaM Updated 

Gold long position from last week updated, swing/daytrade. take partial profits and use good risk management. possible Take profits 1832 1860 1895 1958 2060 2075

MonwaM

Could expect a minor pull back, or even a retest of 1765 , due to the bearish engulfing on the daily. Pay close attention to the candles on Monday and throughout this coming week to look for entries. Take partial profits throughout this trade as it is a swing.

MonwaM

Following daily trend Break and retest of H4 uptrend Fibo Bear engulf Have fun

MonwaM

Fake out of trend and break of weekly support

MonwaM

Bias is Long due to the break of the 1765 weekly support, thus gold will most likely follow the green path, and start its road to 2075, but waiting for candle formations on monday, to confirm the break of the trend. If the trend doesnt break, and the H4 timeframe makes a double bottom then sells are on.

MonwaM

Trend break and retest, Triangle, let’s try against😹

MonwaM

H4 BEAR ENGULF FIB 61.8 WEDGE ELLIOT 4th wave break out

MonwaM

Double bottom on H4 and Daily, strong resistance level failing to break on the daily, m15 entry based on hammer

MonwaM

Lower timeframe view of previous GU analysis

MonwaM

Short term and long term targets for GU, based on: - triple top on H1, which will force a break of the lower timeframe uptrend. - double top on the daily will force a break of the next uptrend, causing a huge drop once it breaks the neckline.