aidinsaeedi1990

aidinsaeedi1990

the market is in the clear downtrend ,but there is some sign for gold to make us consider that price will go up at least for the second and third leg up to complete the price action,because we still some fresh area that price broke with gap and didnt pullvack there yet, and last bullish momentum make us confused to think much deep on what price will do,and i think...

aidinsaeedi1990

price will keep on going on downtrend there is a very clear double top on chart we break the neckline in past mounth and price close below 1650 that was the key level, so now the doors are for gold to test lower price at least as the size of neck line to top as a measured move

aidinsaeedi1990

bears maybe apear on those zones to make the big move down big move up , big move down this is what market showed

aidinsaeedi1990

the momentum to move up is slow down, the mounthly chart also closed with a big tail on top,so every thing reasonable for price to move down

aidinsaeedi1990

we are in broad bull channel until we closed bellow 151.000 so perhaps that last move down is a bearish trap that usual on broad bull channel.but I didn't think like that. anyway until we didn't get some good leg downs we still in broad bull channel also that triangle and leg up after that is another sign of end bull channel . + lower high and lower lows are...

aidinsaeedi1990

there is some sign of changing market structure to downtrend.but before price need to fill all gap area that there is liquidity.so now that momentum to move up show us the price will keep on going ,anyway we should wait for the best area to sell that momentum slow down. if price move higher go 163.000 ,then we except much more big move down

aidinsaeedi1990 Updated 

there is some gaps that price move up to fill them then, after momentum slow down there is chance to sell

aidinsaeedi1990

price showed good momentum to go up , so there is some excepted to see third leg up to test that fresh area that price that price didn't have any pull back to there yet! OANDA:EURUSD

aidinsaeedi1990

this is all about eurusd on weekly chart after the breakout of last trading range box ,there is some excepted for price to keep on dropping at least for a measure move to a new are OANDA:EURUSD