GOLD is coming to higher supply roof, after showing a strong bullish impulse leg in newyork session i think price will go higher into 2700 and above
AUDUSD,the pair will maintain bearish impulse following dollar upswing and the unemployment data didn't show more negative impact on dxy
AS all central banks look to rate cut ,Gold could see a push despite been overbought. its higher high will continue with few correction on the line. gold is bullish and will see price into 2713-2710 if price returns to demand floor on one hour. if they cant break 2684 level price will sell to 2666.78
US treasury yield continues to fall, gold will shine again on demand and as safe haven asset
GOLD uptick is strong, amidst falling treasury yield and all central banks looking for rate cut. geopolitical tension will keep buy bias
XAUUSD,gold came to 2684-2686 all-time high and respected it , but line chart flose of 3hrs candle shows a break and a retest which could send price tanking at 2677-2678 level. on technical and from structure we have many sell other at 2686 level, so correction could knock off some daily gain and push selling to our demand floor. GOLD is bullish on demand floor...
GOLD ,potential uptick into the zone of 2700 is cleared,after the breakout from 3 hours descending trendline and a supply roof ,now you can see that 3hrs supply roof is now demand floor with a possible touch into 2700 and above.
the structure is not aligning with strategy its best to wait for price to return to the demand floor for uptick
US30 DOW JONES industrial average is out of control,on a massive bullish rally, the trend is expected to continue up and we want price to return to the supply roof where hope for a correction.
EURAUD is expected to upswing but euro need break out from a descending trending line.
gold structure will continue to respect the right demand and supply zone. we are watching 2635-2633 for a price reaction and a possible return into 2618-2610 and the last support will be 2590-2588. goodluck
EURAUD is on impulse leg,the structure shows that euro will continue in the path of buy direction. technically i want price to move to supply zone before sell setup.
GOLD ,the structure of the market was respected and the retest candle on the 4hr close held price captive and dropped. i want to see a drop in 2635-2638 and upswing from that level
GOLD, gold on uptick moves, but need a buy confirmation by return to the demand floor. if it cant return to demand floor ,it will sell down below 2600=2590 zone. on 3hrs close the structure is clear showing that retest is playing out
XAUUSD should be watched and traded carefully after support from the 2600=2604 zone . The demand outweighs supply from structural perspective, as much the market is over extended and need correction ,its possible that it can still stretch upwards. Without the monthly rejection respected at the 4hrs close descending trendline connecting 2684 all time high on...
USDCAD,the pair moving slowly ,both are strong economy and dont expect heavy price action usdcad is bullish and its best to keep buy idea
DXY dollar index showing me a double bottom , a bullish price action ,i expect a change in the price action of euro, Australian dollar, British pounds sterling's, Canadian dollars and Japanese's yen, we want a correction for dxy to make a perfect decision in the market