In my short zone it went up to retest a level 11900 and should go back down to 11800. Hopefully to drop further down my stop trailing will start at 11800.
Nasdaq will sell from the sell zone to the buy zone. I predict we will be on the buy zone when the president disputes are settled in court then we will see more stability and recovery from the buy zone to the level Indicated by arrow. The market is so unpredictable that the only pattern I identified is the butterfly pattern.
Strong level at resistance and over bought should be going down now.
My analysis is a simple levels and trend. As the price is going down it has respected every level so far and it should continue down doing so.
My analysis is a simple levels and trend. As the price is going down it has respected every level so far and it should continue down doing so.
Simple support ans resistance with SL at 50 MA moving average and TP at the next strong level before support.
My analysis is based on levels and and trend It should go down to either form a double bottom or a head and shoulders depending whether we land at 1862.4 or 1855.6 before we enter longs.
Expecting Gold to drop at least to 1930 which is a strong level all across I think that's for sure. Due to the elections and a Trump win will bring stability to the USD cause Gold to drop further down breaking 1930, so I predict it to go down to the main support trend line.
Im expecting Gold to fall as Trump will win the elections to the strong level at 1860. If it does break 1860 im expecting it to have a false break out and should enter a buy on a retest back up or at a 4 hour candle that closes bulling above 1860. We are going down to an area of liquidity which should enable me to enter a long buy position.