Retracement expected around weekly high area. Looking for a possible retracement back to our weekly key level region of 136.250 before price continues its bullish trend
Multiple Confluences- 3rd touch of bullish trendline, major support level rejected, 61.8% fib respected and a big bullish candle to finish the week
Last week we saw a break of structure on Gold which signified the development of a new bear trend. Price break through support, established a floor then started its correction. Two (2) scenarios might provides us with a trading opportunity in this market. (1) If market opens and price remains below the established resistance point marked in yellow then we might...
Gold showing signs on trend continuation. If price can dip into green region and show signs on going back long, then a position could be executed
USD/JPY POSSIBLE TO CREATE A NEW HIGH CONTINUING ITS OVERALL UPTREND
USD/JPY REACHING 112.500 WOULD CREATE A NEW HIGH, CONTINUING ITS CURRENT UPTREND