Potential H&S pattern at play here, long-term bearish bias on GOLD. VMP Market Analysis ®
For the 1H trade leading up to this one please follow this link below VMP Market Analysis ®
I believe wave five of the cycle will take gold back to 1570 over the next month (including 3 impulses down) VMP Market Analysis ®
Targets are head and shoulders technical target, recent fixed range point of control and overall point of control prices (both volume profile)
If price rejects any of the fib levels (yellow lines) I expect price to continue further lower for the week after breaking out of the ascending channel, looking for entries during the beginning of the london session (green box) ~VWP
My idea on FX:USDZAR for the week ~VendaWamaPips
It is of my belief that NAS100 will drop to 8100/7800/7600 before restoring the bull run that everyone loves ~VendaWamaPips
This is the way i think FX:USDZAR will play out this week, especially in conjunction with the TVC:DXY ~VendaWamaPips
I believe NAS100 is a short all week generally, despite the earnings coming in this week ~VendaWamaPips