GOLD on Watch for Potential Breakout, With a Beautiful CUP & Handle formation on the weekly chart! The Daily chart on GOLD shows higher low with higher high coming in, need to see a higher high candle close on Daily chart to confirm potential reversal, Currently at Resistance.
GOLD on watch for a possible move lower. With the DXY trying to breakout, Gold is starting to drop. Lower high on the Daily an weekly charts breaking channel an sitting on support. Lower low on the weekly RSI an crossed the zero line down. Looking for it to BREAk DOWN an make a lower low. Posible pullback on lower times frames making lower high. looking for a...
Oil on watch for continued Breakout after bottoming at support. Waiting to see a pullback after hitting resistance, an looking for a higher high on the weekly chart. Daily chart shows higher highs with higher lows, expecting a pullback after hitting Resistance. Some Oil stocks could hit all time highs before year end. Not financial advice!
DXY on the weekly an Daily chart shows possible incoming lower low, After double bottom Breakdown Fail on weekly. Daily chart show double top with possible neckline cross to the downside.
I'm not sure if anybody uploaded AMD, But On the weekly shows 2nd hammer candle on support after the pullback. Price action hanging on Fib .50. . . Right Daily chart shows Divergence on RSI an crossing 0 line on RSI.
XLM weekly chart on the left showing a pullback to Fib.50 after forming higher highs, Possible hammer candle on weekly chart. On the right chart the Daily chart shows candles bottoming around the Fib .50 an waiting on a trendline break on the RSI.
AMC is getting closer an closer to the apex. Left chart shows AMC on the weekly chart an right chart is the daily chart. Currently at resistance an waiting for a zero-line cross over on the RSI weekly chart. Yellow lines shows weekly levels an white lines show Daily trendlines.
