The market will go down until the end of the year. the market has no reason to go up. the world is not doing good and energy prices is up the roof. cost of leaving is high and soon things will get worst and the market will fall hard!!!!
USD got stronger after NFP and gold bounced of supply and a strong trend-line. I see gold going back to $1600 then $1500.
Gold retested 1689 which it bouced of with a buy pressure. and now gold broke out the trend going back up to retest with tp at 1759
in the 4 hour time frame EURUSD broke the up trend and retest, looking for it to correction.
GBPJPY has been creating lows and breaking lows. with the weekly close last week. long term I see it going to 146. long term trade.
broke daily supply zone and retested and current price is the 68 fib zone.
market is failing to brake the supply zone and it has change to a sell. if market remains below this zone we are selling.
this is a swing trade and looking to take tp@ 153 zone. high risk trade, use proper risk to reward ratio.
over bought and need some correction, could go lower if it breaks that zone.
After the fed rate decision today there's a pullback on gold which is healthy for the downtrend to continue.
Xrp has broke the weekly trend and looks like it is about to create a new trend and go to $2 at the end of the month.
gold has been a sell ever since the the economy has been getting back to normal and the dollar has been gaining some strength and has more room to go.
the market has been bearish and due to the fact the government is running out of money it will make the market collapse and right now it also looks bearish.