decentshaw

decentshaw

Tipple top can be seen on the Weekly chart . Since making a all time high( 2080) on 3rd May , the Gold movement is downwards afterwards. On short TF , we have another triple top at 1980 Level so we can ascertain this level as area of high interest for Bears. It is likely to act a a strong resistance. I am expecting price may test the 1980-1982 Again. And if...

decentshaw

DOW JONES- US30 is down and out. Price has broken all the recent supports. I forecast it going towards 31,000 Level. Ideal Sell will be revisit of 33000 Level, previous support now turn into resistance.

decentshaw

Gold: In the US session on Friday, Gold made an unexpected move on comments by FED chairman , Powell. Powell said that there is stress in the banking sector and interest should not be high. “Our policy rate may not need to rise as much as it would have otherwise to achieve our goals,” he added. “Of course, the extent of that is highly uncertain.” I am very...

decentshaw

US30 : Price has broken the Downward trend and made a breakout . LL/LH now converted into HL HH. I am expecting the trend to continue. Comments of Powell last Friday about Pausing interest rates hike will uplift the stocks in my opinion. Price action as per charts. Do comment on the idea and odds.

decentshaw

US30- Long after the breakout. Price action as per charts. TPs defined Good Luck and do comment

decentshaw Updated 

Perfect setup for Short technically. Price making Head and shoulder structure on 4H chart. Price under 20 and 50 SMA. Upward facing Trendline broken.

decentshaw

Gold: I will like to refer to my last analysis first where I set a bearish stance on the Gold. In last analysis I set 1970 as a middle target. Price went to visit the TL at 1997 as drawn and went down to 1972 on Friday. On daily chart Gold is still looking Bullish where Gold 50 DMA is at 1920. This is what my secondary target is beside 1952. On shorter time...

decentshaw

In my last analysis, i shared the possible bearish movement of Gold. The price met the projection. As of Today i am sharing fresh charts i am expecting the Gold to go further down to meet 200 SMA on 4H chart i.e: 1952 value. I am aiming at 1970 and if price penetrates the 1960s level i will set SL just above 1970 and expect the 1950-1955. I will exit my short...

decentshaw

Gold Price has broken the Upward facing trendline. Price has left the bullish channel and making HH and HL. In such a case Price seeks a support. As of current 50 SMA is at 2008 which is likely to act as resistance. 200 SMA is at 1950 which should be the 1st target (on 4H Chart) . Further , To me price will go down from 1950 to 1890 to meet upward facing...

decentshaw

EURJPY - Strategy should be short from the Resistance. We have head and shoulder and a Broken Trendline. Expecting revisit of downward facing TL and fall down. What do u think about this?

decentshaw

As per current technical and fundamentals i see Gold will be bullish in the coming week and beyond. 2050-2070 levels i am eyeing a in a matter of 1-2 Weeks. We may see gold price plunge to 1970-1980 levels. But that will be a healthy for bullish continuation. Gold may step back (Like the lion move back) a bit before making a big jump on the target. As per...

decentshaw

Price is under the 200 -100 -50 DMA. Price action calls for Strong Sell on strength with selling on price action confluence (s) ( Trendline or 50 DMA). Fundamentals support JPY strength and dollar weakness ( Interest rate factor). Target i am eying at is 131.200 and 128.000 short and medium term. What do you think about it? Do Comment in the idea and odds

decentshaw

US results tomorrow were below expectations. Dollar is on weakening side with the fact that Interest rate hike is expected to came to end. The Gold has surpassed 2000 Mark and tested the 2030. The price fell from the level to 2010 a correction move due. We may see Further correction till 2000. The Gold is still in bullish trend. 20 SMA on 4H chart positioned...

decentshaw

GBPCAD- I am expecting short from Resistance - Price has made a breakout of upward trendline or Breakout of rising wedge. Candlesticks crossing the ichimoku cloud suggesting the change in trend . 20 SMA (Yellow) is crossing the 50 SMA (White). All bearish Indications. I am expecting price to fall to lower trendline support. Price action as per graph. DO share on...

decentshaw

Price is moving downwards after making a Head and shoulder pattern. Trendline broken (Breakout downwards). Expecting the price action as per chart. Do comment on the idea and odds. Cheers and keep wining

decentshaw

Gold: We had excellent winning streaks this week and I hope you had pretty good week also. I wish to close this week even better. Price is moving in upward direction and strong bullish. The global *banking collapse* fears and *monetary policy tightening* hinted by the central banks as coming to end soon. This is fueling the current Gold Bullish movement. As...

decentshaw

Gold: As per last two analysis , i suggested price action and targets achieved successfully. As of today, We saw Gold making a head n shoulder pattern , now Gold price is inverted cup structure. I am expecting further down with 1930 & 1908 as immediate target. Price action as per charts. Do comment on the idea and odds.

decentshaw Updated 

I shared in the last analysis that Gold will be bullish and pointed out the possible price target. Price reached the level. Congratulations to those who took the winning trade. Now In consecutive 7 Daily candles, Gold priced moved 1795 Pips up. During last Friday, Gold made a single day candle of over 700 Pips. This is a big single day candle which is very...