GBPUSD broke a key support zone and showed us the push that could go lower on the Daily chart, please you proper risk management
We are in a down trend so its only wise to sell because the dxy is on a uptrend so with price action im looking around the 1790's area to sell gold. happy trading guys
Good resistance and trendline price action already given happy trading guys
Good resistance and trend line price action already given the next move is plain happpy trading guys
The 200MA and a valid trendline seems to be lining up so i highly believe this is a key area that we can get a sell off probably to the lower area around 1600's
gold is on a 4hrs resistance trendline. it can go lower just wait for price action.
gold seems to be at a 200MA also its at a resistance that used to be support. so with my analysis im going to short gold for the next few days.
the pin bar is noticed on the daily, plus the DXY is on a uptrend so i believe price is going lower. please use proper risk management
i believe with technical structure and price action candle eurusd could give us that sell, also the DXY is on a uptrend. so with all technical and fundamental analysis i believe that it should give us that move. but becareful because because NFP red folder news is today at 8:30am EST
GOLD is at a resistance that have bin tested a few times , we waiting for the price action candle that we got at the close of this week, we also identified a harmonic pattern on a 4hr time chart lining up with the resistance. In my analysis with structure i believe that gold could go lower for the next week back to 1800's area. remember traders that money...
Harmonic pattern nice sell opportunity. this harmonic pattern is one of the very few patterns that actually work though technical analysis and experience in the markets. We already received the price action as well
We just received the price action candle to confirm the downtrend. please use proper money management. For all those who follow me happy trading!!!
IF this breaks out of consolidating to the upside then we can look for these movements in yellow if not it would remain in the matrix
Seems like its respecting a support, valid price action candle formed.
I believe that structurally this pair has reached a resistance nice price action candle to confirm and we in the money
SUPPORT i believe that this pair would give us the bull run tomorrow