Fib Extension range to 1.0, extension bounce from golden zone. Bullish as per COT data. Lets see how far it will go, TP might be this week or next week.
USD Index (DXY) is looking very bullish at the beginning of the month, loooking to make new highs. Which couls see a drop in Gold. but at the moment positive news on Covid-19 could affect the currency 1:14 RR 50 Pip SL my 2 cents
BTC on the way to recovery following the ARC back to Price Pivot Point - will take days but on the Bullish Trend
ICT patterns rejected initially, forming early Friday new pattern. Stochastic shows oversold Be on the look out of divergence on higher TF Low TF - 1min and 5min for entry, already set entry and long term targets - Friday ussually price rally to pivot (monday morning opne price)
Retracing at 50% of the Fibo gathering Liquidity for a Bullish momentum Finding also support from the 21 MA Gold Tested on the H4 at least 6 TIMES - YES (Hard Resistance) We expect a HUGE SELL-OFF on XAU/USD
BTC USD string diuble bottom on the daily and 4hr tf. strong to the upside. BUY now 34100 TP 1 = 40000 TP 2 is Open
Looks Bullish Traders be looking to jump in after the consolidation area retest for an upward move. Key areas: 1. 2 trend lines converging, any break will retest then it will go. Bias is Long. 2. Support /Resistance area
Gold has a bullish flag on D tf Double Bottom on the 4hr tf Uptrend on the 4hr and 1 hr tf possible retracement and then continue on the upside.
Might be wiling to surpass last night's high. Bullish Flag on 30 mn TF and 15 mn TF Golden zone - above TP2 Extra runner needed in case it goes all the way above previous high
Looks like it might respect the Trend Line and bounce back from the next Fib Level 1755 - so potential LONG to the Trend Line before SHORT opportunity 1:8 RR Be careful - There's NEWS as well soon on the day.
How we can see Gold going short until lowest point, rest keys levels on its way back up - long term.