H4 time frame on XAUUSD will be hovering in these lines.
When H4 down on Monday and then back up above Simple Moving Average 50 that’s the bullish action begin.
This pair will stay down only if H4 below the Simple Moving Average 50.
Keep on eye of Minutes 30, it should be trade above Simple Moving Average 200.
These lines can be trusted only if H1 trade above Simple Moving Average 50
The beginning of this trend is when H4 rejects by the Simple Moving Average 200. Always trade in H4 in this pair, because the volatility is always so massive.
From the perspective of H4 , Gold seems in the bullish side. So this Fibonacci can be reliable only if H1 trade above Simple Moving Average 50.
After some retest on Monday which H4 will land at Simple Moving Average 20. This pair will bullish to Simple Moving Average 20 at W1 time frame.
This signal will be valid if H1 capable to pass Simple Moving Average 50 and 100
This Week CADJPY will move in this range. On Monday CADJPY will be bullish but it will shift to bearish when H4 takes turn pass the Simple Moving Average 5.
When H1 trade above SMA 50 that will be the entry of this pair. But the bullish move will stop at Daily SMA 20. The pair will shift to bearish market until the end of the week.
When gold M 30 pass below SMA 200 it will reach 2641.5 . After that will Rise to Month top number at 2685.8 to 2705.
Trading oppurtunity will start by the shift of H4 movement to bullish. The H4 will above the simpel moving average 5 that triggers the pair to go up this week.
Using this Fibo retracement with D chart to Find The movement of H1
EURCAD trading opportunity for Monday to Wednesday . Start your analisis use H4 and H1