what do you think? is it possible? every thing is shown on the chart.
after the pullback to 1950.00, it can reverse the trend and go down.
drawing of channel indicate the trend of pair.... insta: @mr.forexy
gold showed there are many buyers at 1900 and it can be a start point for up trend.
upside trend will continue... it could be a good idea for a long.
NOW IT IS TIME TO RALLY.......i was waiting for pullback and reverse.
after touching 2030, XAUUSD should make a pullback to 1980-1990. now it is a good position for long.
according to FOMC which is tomorrow and also break of trend line, eurusd seems to decrease. by risk management it can be a short position.
main trend is bearish and also 1h time frame indicates a break in shown downtrend. possibility of bearish is high.
strong bearish trend will be continue this week. after breaking the 1.5330 and its pullback, it seems we can see 1.5080
head and shoulders pattern is happened and to continue bearish trend, we should have a pullback.
because of last daily candle and also strong support at 1620, in gold we might have bullish trend. target 1: 1700 , target 2: 1730