From what we saw during the FOMC meeting I predict to see the price of Gold more lower than the Monthly opening;
Due to respect of trendline moveaway and the strong support 20280, I predect to see the new ATH on CAPITALCOM:US100 again, StochRSI also show a oversold indication which support the idea. if we close bellow 20100 with a complete candle then we can see a reversal move of the trend to area of 18k.
Regarding Gold channel breakout, the retest gave us a good sell entry to the low of the existing channel
After many test on the trend line the gold fall , I saw the OANDA:XAUUSD dropping to 1700 easily after the retest on the trendline
We are in very good position regarding the direction of WTI OIL, just hit the stronfmg bearish trendline, 2 scenarios here : - Breakout the trend line and go to reach the Liquidity up - Continue on beaeish structure
We are in very good position regarding the direction of WTI OIL, just hit the stronfmg bearish trendline, 2 scenarios here : - Breakout the trend line and go to reach the Liquidity up - Continue on beaeish structure
I think Gold will move for the 1/2 Fvg 4h + we have the breakout Trendline retest for Long
BTC can reach easly the Sell OB to fall again under 20K
#Gold will stay a little bit here in the area before jamping in the channel again
After launch of #PulseChain I think we can have a good pump during the bridge #Hex is a potential coin for this new blockchain
#BTC needs to go up until this OB in my POV; then I think it will be a waterfall :)
The #Xau #Gold After the 1st breackout out of the bearish TL which reached the 2 TP we still need to reach the final TP of that BO; and I think to do this we need to test again the bullish TL.
I believe after many weeks respecting the trend line finally the UsCrude achieve a perfect volum due to this week news to breack that trend line for good this time, I think we can see it around 100-120$ in summer of this Year.