I see Gold heading back the tops it made a drop from a few weeks ago. The daily structure indicates an upside movement to come. If it breaks below the current region then will probably change my bias. Need it to break 1810 and then the heavy resistance at 1830. Gold in the month of December has always made strong bullish movements so it's likely we will will see...
Paying attention to the monthly closes and recent upside push, XRP is looking to continue after finding stron gsupport at 0.5$. Clear break and retest of the monthly close which will allow it to continue its push. $10 dollars is a possibility if it 3x's it's previous ATH just like both ETH and BTC did
Rememebr to break even upon downside pushes.
Fuck it
The market doesn't rebound as quickly like that and then continue up. It will revist those areas.
Gold has been up trending very hard so be cautious
Oppurtunity for small stop to gain high r;r
A wider stop would probably be a better idea but this area is heavily supported for now
Good risk reward, after an impulsive move to the upside the market has retraced allowing for optimal entrys
I can see NZD making a solid move down to test weekly broken resistance.
The daily and 4 hour time frames are showing potential signs of reversal from this location. It could retest 106.79 first
Gold is due a larger retracement, if this top is held then the following move is very possible