So, I think that come market open today Gold could open around 1760 or even where it is at now but we should see a correction up to 1840!
Haven't really been looking at any charts for while but looking a little bit more into cryptocurrency lately! Mana heading down to 4.40 and should be maybe looking to getting into buys once into this zone! BTC and ETH having some rough days lately but we make $$$ up or down lol. Will update on how this aged.
Now I see Gold hitting the 1800 level once again but after that we should be seeking to short a potential fall. We are oversold on the RSI in both the 1H and 4H timeframes. And I believe 1800 is possible since with all of this sideways movement after a significant drop, the commodity is moving sideways to liquidate and correct the fall that it did have. So look...
After the giant drop almost to the daily .5 Fibonacci price of Ethereum has been struggling to break $3,553. We also see that price hasn't been able to break resistance not once, twice, but even three times. For this reason I believe that Ethereum could be on the way down to the .5 Fibonacci level and touch $3,000 before heading back on the upside. As always, we...
So yesterday I created an idea on GBPUSD heading to the upside after using a major supply and demand level for support. After a long wait and over London session it has gone up 80 pips so far since making the move! Happy trading folks, and God bless!
So on this pair we see a double bottom on the Daily time frame then if you draw fibs on the second touch of the double bottom up to the latest high you'll see that price is now sitting on .5 and major support. We are for sure going to wait and see what the market does until we place any positions but just keep a lookout for any bullish candles as I think we could...