there is a breakout on last week resistance Daily TF. which is one of the major resistance. We are now looking for an entry inside current pullback area box marked. TP would be on the next daily resistance at 140.7xx . GOOD LUCK AND TRADE WISELY!
expecting a rise in gold to 1712, but there will be a retracements to 1690-1695 zones before it reaches the high. once price reacches the high, wait for price action to enter either to sell again or if price decides to break that zone, then we shall continue with buying. however if price decided to reject the high, we are gonna see a huge drop in the upcoming fomc.
IF you dare to take the risk, buy now and wait for the price to break the blue rectangular box in the chart , if the price break that level, then hold your entry and add more entries and price will look for Take Profit area marked , OR....you can go to the next take profit ;)
Happy Trading and Good Luck !
Happy Pippin'
Keep following my channel for more Free Signals :D
I saw Supply and demand zones here and there is possibilities that the price will reach 1255 , this is based on fibo and my own understanding of chart movements .
Trade Short on GOLD, you wont regret this ;)
Goodluck and Happy Pipin'
Keep following my channel for Free signals :D
Im looking for long opportunities in any retracements by hourly or 4 hour charts. Overall , the trend is your friend ;)
Trading isnt about chasing the market , swim with the sharks and follow the trend.
Happy Pipping and good luck , follow me for more swing signals
Fibo shows everything , there's still tons of pips to be gained while waiting for the price to reach TP3 .
If we are lucky, we can swing this pair until monthly time frame when it create momentum once breaking TP3.
GO SHORT!
Fibo still show that its more to short , im gonna short till the price drops another 500 pips :D this analysis wasnt posted last week , i thought i did published this idea
Last night Gold Rejected TP1 fibo zone for Selling , there's possibilities that price go for a Long position ( according to my own fibo understanding ) . If Price rejects Fibo TP2 zone for buy , then we'll look for sell . So here comes the big question....is it going to go for Short or Long ? Since Daily pattern still have Big possibilities of going short ?...
GBPJPY H4 gives an early signal that it will make a reversal from Fibo and AO , for entries , please refer to SND or SNR , but im holding my position to short this pair . Trade at own risk , we do not own the market . Have a good day trading :D
