ZS1

ZS1

my take on gold is that if we close below the first white resistance line i have marked, then we may possibly see heavy sell pressure going in to 2020. That is my take however it can really go either way, so trade with caution.

ZS1

very strong resistance area we are currently in. Look for shorting opportunities.

ZS1

This is a really hard one to call! USD gained alot of strength after fridays NFP numbers, however is still bearish on the daily timeframe. USDJPY will either break the channel and make a move down to the level i have marked, OR will bounce off the trendline and rally up. Ill be waiting and will react accordingly. let me know your thoughts on this one.

ZS1

Clear head and shoulder pattern appeared on the daily chart, indicating price is ready for a big move down the channel. I will be looking to enter a short position.

ZS1

My view of what will happen on EURUSD today. the pair is clearly in a descending wedge at the moment where price is currently sitting at the top of the wedge. this is the ideal time to enter for max profits.

ZS1

my view on gold for the very near future.

ZS1

I don't think gold can sustain a move to the upside, breakout is only temporary. I believe it will slowly but surely go back down to levels we have seen for the past week.