If gold breaks above 1818 next week, I want to enter long for further upside. It might still rage a bit at this level, but a target of 1958 long doesn't seem too ambitious if the current trend continues.
A good area to buy, after the crash it will probably take some time to get back to the 3700's Move below 2000 would suggest otherwise and head lower to around 800's again.
Currently have a bullish setup on Gold prices. Stop loss below the red line Green lines are targets
The Red line is the stop Green lines are 2 near term targets on my short positions. I've placed 2 positions today. Wish me luck!
Pound has failed 8 consecutive trading days to hold above 1.3720 VS the Dollar. Considering how long the Pound has been in this ever- expanding megaphone pattern, you would expect a break to the upside. But recent price action could suggest that we are in for a reversal. Maybe not all the way down to 1 dollar a'pound, but a subtantial correction before it can...
Gold prices have a tendency to congest for many months at a time before it breaks out. Current price action could suggest that we are close to a new rally to the upside. My suggestion is to wait it out for a few days to see if 1817 holds and wait for a good buy signal. For now, it's wise to be on the sidelines or wait for the price to break below 1817 for a short entry.
Waiting to see if price can hold above 40USD on Monday, then look for a buy signal. The triangle pattern forming looks very bullish. Please also look at my char attached for a long term view on how I think oil prices will develop.
I think it's reasonable to believe that the market will hit 1.1500 very soon. But a move below 1.1330 would suggest price pulling back. Looking for an entry long The white line is my deal entry point and stops below the red line.
Price seems to be holding well around 120.20. Look for a break below this to enter short. But I think it's more likely to take out 121 targets first before more down. It could turn bullish and go further up, but I wouldn't trade a break above 121.10, as it's probably a target. I Will update if I see any good entry opportunities during the day or over the weekend.
White line stop entry long Red Stop Loss Green target
I've entered a split trade with a stop below 37USD. The first target is to take out the recent high. Second with and open TP
Be careful trying to push the price higher at this level as targets are everywhere. But I think it's more likely that price continues higher at the moment 1.1380. My position is at 1.1240, so I wouldn't recommend getting in now to try and chase the price higher. Sitting with an open target and stop on entry.
AAPL to 500USD? Hard stop around 324 A move below 324 would indicate a larger pullback.
White line entry Red Stop Green Target Please also view related ideas. My stop order below 1.813 triggered and the price moved more or less as expected down. I'm gunning for the 2019 low on the gree line. But will update on the price action when we continue further down if the charts indicate otherwise. A close above 1.8250 would be too bullish at this point.
Green line bullish target Red Line Bearish target
Price holding well above 1.24. Entry long to take out recent highs.
Green line is Bullish target Red is Bearish target According to the wave structure of last week's range, price should be breaking out soon. Personally, I'm short already at 1.3521 with a stop above 1.3620