price is in a very important resistance zone where it previously retested several times. I will be waiting for a clear confirmation of bearish signs.
price broke the resistance retested as support and jumped up on the lower time frames.
price broke the trendline and retested on the 4hr could be a bullish opportunity.
Patiently waiting for the breakout. It's better to wait and look at a lower timeframe possbile daily for to catch the early breakout. However if the price breaks below we could see price reaching 74.5 levels. Price could also bounce off and go up just need to watch and wait for the weekly candle to close above for confirmation.
price is clearly bearish making lower lows and higher lows.
price arriving at a support trendline wait to see whether it will respect it or not.
price made noticeable lower highs and lower lows. Will it make another lower low or break the trendline and reverse for long.
on the lower time frame you can see that price is respecting the 1.589 zone. For confirmation to enter short i will be waiting for price to break the 1.58457 minor support and close below. Then take a sell.
Price is at a very strong major resistance. Just need to wait for the confirmation, Need to look at lower time frames for the confirmation.
nice looking price action. All we need to do is wait for the breakout and retest.
Price is currently coming to a resistance trendline in channel lets wait and see whether it will respect it and go down breaking the blue trendline. However if we see a break above the trendline i will definitely wait for a retest so i will not fall for a fake breakout. But for now im in for a short.
noticeable descending channel. Price bounced off the support trendline.
Price making nice noticeable patterns. Im currently waiting for the breakout.
price broke the 1.507 support level and made a retest and currently sitting on the fibonacci 50%. This could be a nice shorting opportunity.
blue arrows show that if price breaks and closes below the purple trend line then we could see a possible shorting opportunity. There are the red arrows which shows the 2nd possibile scenario which is the price bouncing off the green support area and moving up.
price is currently at a crucial point where it could bounce up or break below. Price respected the red ascending trend line several times lets wait and see if it will respect again. I have also added in the pink triangle to wait for the clear breakout. Wait for a confirmation on the 4hr chart.
Gold price is currently at a very important region. If you check the weekly chart it is on the ascending trendline. Could it bounce up?