This is what price may do for coming week. As you can see this price action pattern happens all the time just in different variations. Pullback and more sells to come...
Crazy thing is how Gold can actually still pullback down towards 2020/2018 support and trhen buy up from there. The other thing is it may just pullback halfway and then push up from there. Looking at that inverted head and shoulders type buy structure and the information the higher time frames is showing us, we can say buy are still valid and still to come.
Possible buys coming, price currently displaying price action LH LL which may give us a reversal once the 3rd push LL reaches previous support level. We will see.
This is what I'm anticipating for gold during NFP hours... Ley me know what you think below....
Will Gold respect this tight detailed support zone and start to push up? Or will it break below and continue pushing down? Please comment down below and share your thoughts.
Possible buys coming up if price respects detailed support around 0.6713/0.6710 - Price has also developed an inverted head and shoulders type structure... We will see... Please comment down below and share your thoughts
Will we see a reversal coming for Gold... If you take a look at the Dollar Index you will also see sells may soon be coming... Let me know what ya think below....
The weekly outlook is showing us what's to come and of course, many pullbacks to be added along the way - please share your thoughts on this analysis
Here we have our Gold at a detailed tight resistance zone where price may be backing off of if the zone is respected and if so it would give the current buy structure more confirmation to continue pushing up as it would be giving us an inverted head and shoulders type of structure... Please comment down below and let me know your thoughts. Thanks
Will GbpUsd continue to push up? Share if you agree or disagree below -
Here we have gold within a bullish channel, now according to higher time frames price is telling us more buys to come - any break below that channel would have price retesting the other trendline acting as support as well. Please share your thoughts below if you agree or disagree. Thanks
Gold is trading within this channel and looks like sells may continue through to finish off the week, next probable target to reach may be around 1780 as well as 1775 - what do you think? Please comment down below to share your outlook. Thanks for tuning in
Check this UsdCad analysis, price will either respect the trendline acting as support or if it breaks below that trendline it may continue towards the next support area
Last analysis was spot on, will it retest that trendline acting as support again? comment down below if you see gold selling down a bit more before we see more buys - check out the DXY as it does the opposite of what gold does...
Very likely we may see gold give us some sell movements before we see any more buys coming in
More Gold Sells to come, original long term trend is bearish on higher time frame. The pullback we have been seeing has been indeed a strong one however more sells may be coming. Comment down below if you agree or not?
Simple Trendline analysis for this pair, for now we may see some sells come in before buys continue to push ip
If you saw my previous analysis on gold this is the update on it....