outlook of usdzar and xauusd is moving in the same trend
Gold on the higher time frame is moving i a bearish trend and we have identified an very solid area of supply which has been reacted to now we want to be looking for selling opportunities because we aretrading with trend of the structure hence why we want to take bearish opportunities.
this weeks gold analysis we arae expecting a long sell on the trade and be able to move for it to go down
Price is in a bullish Trend Higher highs and Higher Lows are being created to solidify that this is a downtrend next step to is to look for execution: My Confirmations are : Wick Rejection, Momentum, Pattern As Identified in this trend that we already identify a clear bias structure secondly price rejected at Out Possible Order Block and last but not least price...
Price Is at resistance level so looking to continue with its direction whenever. I look for trades in a downwards structure I look to take entries when price creates a Lower High area and then I look for confirmations so I can take the trade with the correct direction
Nzdusd Is Either Moving In Two Ways Either it’s going to Create a Lower High Or Lower Low Formation This Might Mean that we Can get More sells For the Follow Through
outlook of my take off eurchf please share your comments and feedback