like the title says
Expecting gold to go down quite a bit now. As its currently going in a downward trend its just come under my 200 ema which usually means sell. its also failed to break my 1498 zone for some time now. I have first TP at 1477.45 and second TP at 1457.35 if it finally breaks range and continues its downtrend. I have SL at top of the range 1498.72 but hopefully goes...
I am going long on Eur/Usd. I think eur/usd will break down to around 1.11684 then price will go up to around for 1.12800 area. With dxy dropping at a fast pace on Friday a pullback might come when the markets open which supports the idea of Eurusd going down a little before it goes up.
I think when markets open eurusd will drop down to 1.12600 area then will go up to start my long position however if it breaks my zone it could jump back in the downtrend meaning its high was just a NFP spike. If it keeps going down I will hold off because it could be a sell and if it does drop further I will place a sell expecting it to continue down a make a...
if it breaks the trend should be a buy as seen from previous trends with this pair, also loads of different single and paid candelsticks which gives more of support. one of this had been pointed out there is also a hammer candle in the downtrend near the end and a spinning top followed by the bullish engulfed pair
small drop when markets open when hits support I will be going long