tafchidzy

tafchidzy

after nfp plunge which was al,ost public knowledge we shall see the metal taking back whats lost

tafchidzy

the metal failed to break through the dynamic trendline showing a decline in short volume at the support level signalling a reversal to the upside .

tafchidzy

snr analysis plus Fibonacci levels brings the bag home

tafchidzy

retracement finished at this strong resistance trend continues downside.fundamentals are to be taken into consideration as there is political effects on gold demand

tafchidzy Updated 

price moving upwards to the resistance zone (flipzone)

tafchidzy Updated 

GOLD keeps making LL and HL which signifies downtrend with failed breakout attempts at lower timeframes

tafchidzy

the bullish trend continues after a week of retracement. We expect strong momentum to the upside. Also taking into consideration the fundamentals which likely overshadow the technical