We do not think the weekly range will be extended today and therefore we opened a put binary option for end of day expiry at 4 PM EST and we expect price to be below the horizontal line
Today we predict price will be below the horizontal line at 4 PM EST
Today we are bullish and price should land above the horizontal line at 4 PM EST
We believe that price will land above the blue line at 4 PM EST
we believe price will be below the NY close of Friday at 4 pm EST
Price we be above the horizontal line at 4 PM EST (end of NY trading session). We open the position ideally when price is in the yellow box
we are short today and price is expected to be below the horizontal line at 4 PM EST (end of NY trading session)
we believe price will land above the horizontal l ine at 4 PM EST
We are short today and have set an alarm if price retraces back above the horizontal line we will open a short binary option for EOD expiry at 4 PM EST
Price may trade below the horizantol line but our forecast is that price will land above 1.046034 at 4 PM expiry.
There is a fresh drop base rally level at the weekly. I will be looking for signs of a bounce on smaller timeframes
Looking for long opportunities on the bond market..
EURUSD is in a down channel and it just broke an p trend channel. There is a fresh demand level at 0.99. I would be more bullish if price hold 1.09386 and 1.07949
Silvers tend is up but it has some key levels pass: 1) A weekly close above 18.708 is another victory for the bulls. 2) there is a weekly supply level at 20.884. 3) 27.50 is the best supply zone on the chart and price has not yet been there. the current weekly pin bar is due to stops being above the 18.708 level from everyone who was short. Question is really...
How to catch a falling knife..? There is only good demand well down to 123.69 area. It may fall right through ..who knows but I will look for short opportunities in lower time frames until price is further down.
weekly analysis. Price looks to be in distribution / accumalation. There is a good weekly supply level coming in at 98.78. Only look for short opportunities on smaller time frames.
Everyone who is currently short has their stops above the wing high. Supply zone is not fresh anymore. Therefore I believe they could push the price to new all time highs to seek liquidity for their shorts (everyne who is short now need to buy back - close their position) in case a pop above 2141.
Gold is in a longer term bull market and the decline from 1900 is a correction. In regard to short term it looks like there is some tested (not fresh) supply at 1421 but price needs to break the trendline channel first.