darianray

darianray Updated 

Price is expected to do a slight retracement before breaking demand floor

darianray

Gold been heading south for quite some time now,with small buy of periods before another round of selling,am looking for another round of buying as price is nicely resting at that area of support.

darianray

Price been falling to the bearish side for two years now,showing the domination of the USD over the Euro,given the current price patterns we should see price potentially going back to 1.08 if that last support line at 1.09919 fails to hold,which if it breaks will signal the continuation of the sell off.

darianray

EN is in a bullish trend range market on the daily and currently we are seeing a strong pullback,looking for that crucial area of support that will signal the end of selling and a break of the trendline for full confirmation on the buy off.

darianray

Price is holding to the support trendline am expecting another strong push to the top to test resistance,with a potential spike above that roof,looking to see what the NFP will bring to this pair to close off the trading year as December approaches.

darianray

For this markup am expecting price to do a retracement with a possible pierce of the trendline before correction and continuing with the overall downtrend.

darianray

Currently expecting an attempt to pierce the trendline followed by another round of selling

darianray

Looking for another round of selling before the eventual correction that will continue the bullish run

darianray

Price is currently inside a bearish trendrange,unless a breakout occurs on the resistance trendline,we shall see a continuation of the sell off

darianray

Price is being squeezed into a wedge,now waiting on further confirmation for a push to the bullish side,if the current support trendline holds.

darianray

Price is pushing strongly to a strong resistance area,looking for a another test of 108.470,failure to push higher will result in a another strong sell off.

darianray

Currently expecting support to not hold and more sell off to continue to the bearish side,my next target area is 1484.90

darianray

Ok so this is my third time using the fibo fan so leave a comment if I did the markup properly or not,price is being squeezed into a wedge and there will be a major breakout so patiently waiting to see what direction the market movers will make on this

darianray

Price is currently holding firm at support,I suspect there will be an attempt to breech the resistance trendline plotted,which if there is no double top will then result in the continuation of the sell off.

darianray

Price has started to shape up for the fall,waiting for dollar strength to kickstart the correction of the bearish trend

darianray

Attempts at pushing higher has not come to fruition,awaiting the final attempt at a strong buy off before the long term sell

darianray

Current sell off from the top to kick start correction,keep a close eye on the trendline for attempts to breech higher,currently long towards the bearish side

darianray

Currently this asset is on a strong move to the upside however it will soon hit a strong resistance roof,so patience is key,but when it does stall and the sellers step in,the support trend lines plotted will act as first round confirmations of the move to the downside on this asset