Waiting for more confirmation of gold, can it break 51 support during NY? Sells below this level for me.
Can gold hold the break below 1961? or will it reject to 1981 prev. resistance again... Thoughts below
Targeting sells on USD pairs today, gold seems to have risen overnight through LONDON. Im watching to see a rejection from a previous LH on the 30m chart. Also implementing Killzones into my trading, testing the waters with how they work for my strategy.
Using Killzones to enter in on a USDCHF short. Also watching EMA200 and Sold from a small 5m Support level Gives us 2 trades entered with a 20 pip TP and 54 pip TP. 1:1.3 R/R 1:3.6 R/R
Support forming on 4hr of AUDCAD, We could see the rejection at this level. Looking to target Longs today, USD news later also so could see some volatile market movement later today.
Looking to buy NU, Channeling down our channel nicely, watching for that rejection up towards the top of our trend.
Gold is looking to pullback to 1911 support. Here i will watch for a break or a rejection. Im targeting sells this week, I believe 1895 will come in time.
Gold has been pushing upwards the past week, 1963 area seems to have formed a resistance of price. I have implemented kill zones into my strategy now. Also looking to sell from rejection of resistance, but, price could push through from CPI and Retail Sales news at 1:30pm GMT. Caution on USD and CAD pairs at this time.
Holding a buy from the resistance of 78-79. Im looking at EMA200 as 1Hr candles have closed above. Again using kill zones in my strategy now. Waiting for more news at 3:30pm on USD pairs
Can we see a push from GU today? Looking for strengths in the dollar, I am currently watching London and NY sessions today. Running most of this trade on fundamental analysis. Not too much technical. Using killzones and 200EMA implemented in my strategy, also watching MACD to determine buy and momentum. Buy order is set, will update when entered. 7:1 R/R
Watching gold, if I see it get back into range of 1921, Ill be looking at buys targeting that 1932 resistance. I think with the recent strength of the dollar that we could be looking at possible sells especially if 1916 breaks it opens up to 1911 more. From here I will also look at potential buy set ups.
Support forming on 15m chart, with the Yen weakening, theres little prevention against depreciation. Id expect the EUR to rise against the Yen, I am placing a buy order at the bottom of support targeting the rejection to resistance. We have sen over recent month's the dollar slowly eating away at the Yen, from this im predicting the EUR will follow.
Selling EJ, Looks like a rejection of that strong resistance level ive mapped on my chart. With the Yen weakening, Im looking to short. News today 2:45 PMI and 3:00 PMI to watch.
Gold has risen and broke key resistance of 1911, 1916 and 1925. It seems to be holding above the 25 level. We have key resistances at 1932, and 1938. If price breaks and holds above 32, I see it ranging between 38-32. My trades will become valid once I have confirmed BOS. With the recent strength in gold, I presume the bullish run will continue up to...
We have a lot of USD news later today. Im looking at sells heavily, Im selling from 61.8% fib targeting the 50% zone. I think with gold looking bearish also, it gives a better chance to see a fall in USD pairs today. GU is also following down my trendline, which gives me more confirmation of a downtrend in recent hours This is not financial advise, only what i...
Key support and key resistance for gold lay between 1910 and 1895. We could see gold sink further today, once key support is broke gold could drop to 1880 and lower. Lots of news to keep an eye on also. I will be looking to sell from rejections around 1910.
Gold continues to fall after breaking key range, Golds forming a bearish channel, again what I spoke about yesterday. Also looking like a bearish wedge is forming. Gold is approaching the key support of 1895. Possible rebound from the level to the nearest resistance I predict. The trend is clearly bearish, I’ll be targeting sells today. If another key support...
With golds fall over the recent days, its clear to see its in a bearish channel. Im looking to sell now and target 1900, 1885 in the mid term. Price below 1910 will cause an impulse to 1900, Sell entered at 1912, let the melt begin...