We have a close below 1700.000 area and close below a well tested bearish trend. We are expecting bearish pressure with a 1:3 risk to reward ratio.
Price is on trendline resistance and horizontal resistance.
Price is rejecting on our trendline support.
Price is on horizontal support and trendline support.
It has tested our support mulitple times. That is why we are looking for buying opportunites on our support.
Gold has formed a double top formation on our resistance with rejections.
Gold has reached resistance level and is showing reversal signs.
USDCHF has rejected on trend line resistance, so we are looking for selling opportunities. FX:USDCHF
