Gold has broken out of 2 bullish trend lines and I am looking for a retest of the resistance level before entering a sell position. Price may sweep the highs to take out the liquidity above resistance before moving bearish. I will be looking for the retest then waiting for a closure below $2321.30 for extra confirmation.
Looking for Gold to breakout of the downward trend with a break and retest of the $2298.5 level before continuing higher. I am looking for entries on the 5min and 15min timeframes. I believe this is a short term bullish move before the bigger overall bearish retracement on the higher timeframes.
Looking for Gold (XAUUSD) to have a larger retracement prior to continuing bullish in the longterm. I am waiting for a retest of the resistance around the $2400 price. I will then be looking at the lower timeframes 4H, 1H, 30Mins for sell entries. First profit taking level will be at the $2185 level, where I will move my stop loss to breakeven. Full take...
Price could possibly break back above to fill the range. Looking for a break and close above the resistance level at 0.88495, then waiting for a minor pullback to retest the level before placing a buy order to fill the range. Ideally I would prefer to see price continue to the downside with a break and close below the 0.88220 level, as current trend is...
Looking for a retracement back to 2286-2305 levels before continuing higher. Waiting for a pull back above 2387.7, followed by a closure below 2360.5 for confirmation. I will be looking for sell entries off of the lower timeframes such as 15/30 mins. 1st take profit will be around the 2332 mark, with full take profit between 2286 and 2305. OVERALL TREND IS...
Looking for a breakdown below support, a retest of the previous support now turned resistance before entering a short to continue down to previous higher timeframe lows