Hello traders, on GOLD we are seeing a head and shoulder pattern which indicates a reversal to the downside
Hi traders, here on AUDUSD, we have price at the resistance trend line which is correlating with a major resistance level which acted as support.
Gold is expected to retrace for a possible entry to the upside since trend has shifted from bearish to bullish
Hi traders, lets take a look at GBPUSD. We have a bullish flag pattern after the break of the lower high on the 1D time frame
Market created a wedge pattern which started dragging the market down side
Hi traders, on GBPJPY, price has broken the previous support and retested as resistance with a bearish engulfing in the 1h time frame
Hi traders, we are looking at USOIL for a sell possible after breaking the support trend line
GBPUSD on the 1H has switched bearish after breaking the higher low and also the support trend line
Gold on the daily time frame is at the resistance trend line. Once we spot a bearish signal at that level, we will be looking for a short position
We have a price breaking of the lower boundary trend line which also took out the higher low structure indicating a change of character of the bullish trend
US30 broke below the lower boundary trend line after the double top formation
We have a break of the resistance trend line indicating sellers pressure
hello traders, whats are your thoughts on EURUSD next movement?
Today on EURAUD, we have a double bottom and a break of the neckline which is also a previous resistance
A comparison which GOLD and EURUSD.... In the month of July 2022, EURUSD presented a structure that looked like a double bottom but couldn't trade higher to break the highs as a neck line and continued its prior trend. On GOLD , we are having a similar structure. Overall GOLD is bearish and has the probability of trading to the downside. Will we see GOLD breaking...
Gold is likely to push to the downside once we have a break of the 1H ascending channel
On EURUSD, we are expecting a retest at the previous resistance as support for a possible push to the upside
The structure of silver just shifted from bearish to bullish, will price continue trading to the upside?