Hey guys from the last time uploaded seemed like gold had other plans especially because of the news and now it rose over the weekly/monthly resistance of 1834 so we are at the point wheres it is time to see a correction in my eyes as there hasn't been a retest yet of that important zone so i'm in sells to those-point i have displayed so from there we can think...
By the looks of the market there is a lot of Liquidity that needs to be filled and this seems like a very nice drop that could happen supported with the news today.
This is going to be an amazing trade that could last a few days but we are in an amazing zone where the price dropped a few weeks ago and it seems to be rejecting that zone right now which is a great start and the indicators all line up to show that the drop will happen. 😊
GBPJPY has moved bullish since yesterday as it gained some good momentum pushing it enough to near a good major level of 136.000 therefore it is a very good option to sell this pair and wait for it to hit 135.500 and lower to then potentially move to the upside again in the near future.
GOLD seemed to move in the correct direction respecting the consolidation that continued for the week. We saw a daily candle close with momentum to move in the bullish direction to hopefully, in the following week, reach the psychological level of 1822. 😊