Price is indicating upward movement technically from what we see
The double top + rejection candle shows lack of buying interest in this current level. I anticipate price to fall
Price is showing bullish interest as we can see with the rejection candles at the critical support level
Price has violated our higher low structure and shows signs of bearish memntum
A possible short on gold is expected should price retest the higher low structure it broke. We have set a sell limit in the area
Price has reached support and a long is anticipated
We anticipate a possible buy on gold. Price has shown so much bullish momentum and has broken levels we expected it to break.
Nasdaq has broken the trendline and is now restesting it. We are taking a long currently
Buyers managed to break the previous lower high structure to form a higher high while sellers failed to make a lower low which rendered Gold to change direct from bearish to bullish. The buyers were strong enough to form a new higher high than the one they formed already. I have placed a buy limit at 1935 as i anticipate that price might form a higher low before...
Price is obviously making lower highs successively and lacks appetite to move higher and clearly shows a lack of buyers hence my directional biases is a falling market.
This a follow up of my earlier analysis of the H&S pattern
A possible H&S pattern spotted on H4 and Daily chart. Another way to look at EURUSD
With the USD being fundamentally weak i anticipate the EURUSD & USDCHF to react long and short respectively and in the video i have stated the different levels i anticipate these pairs to reach before reaching target