BOS, Fib Levels, Dropping in value, dollar gaining strength again... etc
Gold is definitely on an uptrend. I'm looking for a pullback to go for a buy. Price points 1897-1898 is where I will look for candlestick confirmations to go to the upside. This also is a 4hr prz level 61.8 and prior resistance that has not been retested.
I'm looking for the price to rise up 1.78961 area or around for shorts. It's an area that was resistant and is now support, its a 61.8% 4hr prz level, Its on a downtrend. I will wait for candlestick formation to be the last confirmation to enter the trade.
based on fib levels, candlestick confirmation, and trend trading
I am looking for a break from this chart pattern and retest to get into a short.
I am patiently waiting for a retest and candlestick pattern confirmation to get into a buy.
Believe this market will be on a downtrend for the next week, should be heading towards the $71.xx price area
Believe that this market is setting up for a good buy within the next couple of sessions. Overall, looking for it to rise up to my sell area and then take it down. Used supply areas, trend lines, and fib! Feedback welcomed. 💁🏽♀️
By no means, is this a signal! Feedback welcomed and appreciated. 😇