We have a possible gold scalp here. Entries have been made, let's see if this pans out. like/comment your thoughts
Here we see XAUUSD breaking above 1549.20 area. I believe we will see a pull back down anywhere from the .79 to .62 Fib levels. At these levels I have highlights the three areas with boxes, these are areas in which I think it will be a good idea to make optimal trade entry's for a long position. Further more, if this does happen. Plan on scaling off profits at...
Watching for Wykoff Accumulation Play out... Comment and like if you agree
I am now looking at a bullish flag pole that seems to be filling up nicely, might result in another push upward towards 6300-6500
I am new to technical analysis, here is a chart i created and my thoughts, please take a look! I see that we are in a 8° uptrend with valid support and resistance lines. these lines have been hit multiple times. we have touched a resistance line that might push the price back down, staying within the 8° trend. i would be looking for a second push to or past the...