CONFLUENCES 1. C.T.L. BREAK 2. DAILY RESISTANCE BREAK 3. 61.8% FIB HELD FIRM ALONG WITH 1.28300 SUPP 4. INTRADAY BULLISH CHANNEL SUGGEST A NEW HIGHER HIGH TO FORM 5. RETEST WILL CONFIRM FINAL CONFLUENCE
XAUUSD -0.23% WEAKNESS SHOWING ON THE CHARTS WITH MULTIPLE REJECTIONS NEAR THE $1370 PER OZ RESISTANCE GOLD -0.50% SET TO DROP ACCORDING TO MY ANALYSIS AND ALL GOLD -0.50% BUYERS WILL BE SHUT OUT IF $1265 IS TAKEN OUT $1200 COULD BE NEXT...... BUYERS BE CAREFUL
XAGUSD SEEMS TO BE HOLDING FIRM BELOW $20 PER OZ MA CROSSOVER SUGGESTS BEARS ARE IN CONTROL ALSO I HAVE DONE A SILVER ANALYSIS BUT SILVER HUGE REVERSAL COMING ALONG WITH GOLD BUYERS BE VERY CAREFUL.
XAGUSD SEEMS TO BE HOLDING FIRM BELOW $20 PER OZ PRICE ACTION SUGGESTS A REVERSAL IS DUE TO AT LEAST $18 OZ AND POSSIBLY FURTHER DOWN BEFORE ANY RALLY IN SILVER I BELIEVE CRYPTOCURRENCIES ARE TAKING OVER ON TOP OF OTHER THINGS THAT WILL MAKE GOLD AND SILVER COLLAPSE.
SILVER HEADING SOUTH AS PER PREDICTED HOLDING SHORT UNTIL MONTHLY SUPP AT $20 PER OZ
SILVER HOLDING FIRM BELOW INTRADAY RESISTANCE @ 20.600-20.700 UPON FURTHER RESEARCH SILVER & GOLD ARE NOT JUST READY TO EXPLODE TO NEW HIGHS SILVER AND GOLD ARE ALMOST SET TO COLLAPSE BEFORE THE REAL RALLY BEGINS BREAK T.L. AND GO SHORT
USDCAD RESIDING IN A BEARISH WEDGE FIRMLY HOLDING BELOW 1.3500 WEEKLY RESISTANCE WEEKLY FAKOUT CANDLE/SHOOTING STAR 38.2% FIB EXPECTING A BIG BEARISH MOVE TOWARDS THE -27% FIBONACCI EXTENSION LEVEL
AUDUSD MONTHLY WEEKLY BEARISH MOMO WEEKLY BEARISH ENGULFING TREND LINE RESISTANCE SHOWN HERE 61.8% FIB SHOWN DAILY T.L. BROKEN! DOWNSIDE READY AHEAD OF FED TO 0.69560 TRADE SAFE
USDCAD RUNNING TO IMPORTANT HIGHS I WILL BE SHORTING THE PAIR BECAUSE IT CALLS FOR ONE LAST DOWN MOVE BEFORE A BIG BULLISH MOVE RSI DIVERGENCE SUGGESTS SELLERS ARE GOING TO TAKE OVER SOON SHORT TO 1.29500 IS A GOOD IDEA
XAUUSD HOLDING FIRM BELOW 1335.30 ON THE 4 HOUR CHART LOOKING CLEAR DOWN TO 1304 GOING TO BE HARD FOR GOLD TO RISE JUST YET; IT MUST FIRST COME DOWN BREAK OF TREND LINE SUGGESTS ANOTHER BREAK TO THE DOWNSIDE FOR THE PRECIOUS METAL
GBPCHF SEEMS TO BE IN A INVERTED HEAD AND SHOULDERS PATTERN A-B-C PATTERN TO THE UPSIDE DEMAND ZONE HOLDING FIRM POSSIBLY WAIT FOR A MOVE UP BREAKING THE T.L. TO GO LONG
50% FIB REJECTED 1.11300-1.11500 RESIS REJECTION C.T.L BROKEN DOWNSIDE CLEAR TO 1.10770 SAFE TRADING
EURUSD REJECTED ONCE MORE FROM A STRONG REVERSAL "WICK" ZONE. 61.8% FIB EXPECTING A NICE DOWN MOVE TOWARDS 1.09700 SOON
AUDUSD COMING TO IMPORTANT HIGHS UPON WEEKLY RESISTANCE AT 0.75600 AND 78.6% FIB MACD DIVERGENCE SUGGEST AUSSIE IS RUNNING OUT OF STEAM AND SHOULD DROP TO NEW LOWS UPON 0.72000 AND BELOW 1:4 RISK REWARD HERE TO -27 FIB EXTENSION
BULLISH MOMO 61.8% FIB POINT 1.3100 RESISTANCE BROKEN TL BROKEN 1.3240 UPSIDE PROJECTION....... HAVE A NICE DAY
USDCAD SEEMS TO BE FIRMLY HOLDING BELOW 1.31500 ALSO RESIDING IN A BEARISH PENNANT NEXT DOWNSIDE TARGET LOOKS TO BE 1.28300 1:2 RISK REWARD