eddyp29

eddyp29 Updated 

If Gold rejected by area 2420-2424 then it bounces to 2383.

eddyp29

The gold meets confluence of downward trendline at H4 and demand zone. Retesting of these confluences may not be required, however high impact news in 30 minutes probably will push the gold downward little bit before it continues the bullish move

eddyp29

A strong support at 1.05200 has rejected the pair to make a bullish moves up to 1.1185 in the next approx. 3 months time

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The sell area is marked at 1948 - 1952 and will send the pair downwards

eddyp29

The sell zone at 1880 - 1893 will bounce the pair to bearish to fill the gap at 1831

eddyp29

Strong support rejects the pair. This support is also for weekly and daily time frames

eddyp29

The pair bounced back by strong support and heading to resistance

eddyp29

Maybe some little pull back will occur but the pair persistanly goes up to resistance

eddyp29

After testing the bullish trendline, it will continue until it reaches a profit with RR 3.2

eddyp29

Probably the price reaches the sell zone before this weekend

eddyp29

Sell with target 32 pips into the blue buy zone and seek reversal confirmation at lower time frame to buy