devigriffel

devigriffel

Double bottom in 4h chart and DXY rejection + oversold

devigriffel

* Price just did yesterdays retracement to FIB 61,8 % * Now Im expecting to fall to 1.235-1.235 * DXY did also yesterdays retracement to 61,8% - Dollar leads all the G currencies at the moment Trade safe folks :)

devigriffel

* DXY is testing new highs and has broken last resistance * US debt ceiling hopes lift dollar - it means cable falls * Mid term downtrend anyway Trade safe!

devigriffel Updated 

Its just my opinion :) Im going short Trade safe!

devigriffel

* IF this ascending trendline holds ~1.25 +/-200, then we MIGHT go upwards TEMPORARILY * IF it brakes, then we go back to basics where this all started ~1.235

devigriffel Updated 

* Expecting a move up and afterwards retracement down * A little bit longer SL on both sides Trade safe!

devigriffel Updated 

* RSI outbreak in 1h timeframe * Support ~1.24353 hold up Trade safe!

devigriffel Updated 

* First of all: We are not broken anywhere jet, we just made a HH! - now we will make a HL * US Q1 GDP missed estimates of 2% growth, coming in at a disappointing 1.1% - so where did the momentum came? bulls just did their best, but can they continue? I doubt.. overbought! * Immediate support appears at the zone of support around 1.2445 Trade safe!

devigriffel

Im starting to look for sells.. EVERYBODY are talking that now is the "RIGHT TIME" to "BUY" gold, but WHY??? Do You see any BREAKTHREOUGH here? - well, I dont Is there any meaningful news or events that are currently influencing gold price? - well this "bla-bla-bla" that dollar will disappear like rabbit in to the hat? Whats next? USA will disappear from world...

devigriffel

..and now UP we go! Hit my target Fib 61.8 and now Choch upwards