THE FOLLOWING CHART STANDS FOR ANALYSIS DONE FOR SPOT GOLD
With Hawkish Stance done By Fed, The USD remains bullish on rising Interest hikes and thus negative for bullions on Gold Price
FROM Month to Daily Multi Time Frame analysis (MTF), confirmation is placing Bullion within 4H candle after confirmation on FIB level 61.8 on 1818.4
PLACE SELL LIMIT TRADES ON...
Chart for NASDAQ FUTURES AND POSITIONS FOR TRADING WEEK 9-13 MAY
Price has broken long term trend line and is hit on 61.8 of the fifth wave
With current heat waves of the FED reducing its balance sheet. NASDAQ will tread to the lowest 10820 level in following weeks. For Monday 9TH MAY we expect market to cause bullish sentiment to at least level of price around...
I have written a simple analysis for u guys. The pair EUR GBP seems to be on sellers market for a long term. However there is room to scalp for day trading since the price is currently consolidating on zone cC which is a descending Channel. The pair targets the last impulse top at 0.87847 where as the 90% rule of triangle may confirm price going to at best ...