xstrizle

xstrizle Updated 

Most of you who know me know i have been posting this particular chart for months now and 2775 was always the target of current htf range (wicks above expected). 2775 was reached and price backed away from it for the weekly close. If we look back at previous ranges this could entail a full range retrace back to 2615... first i will be looking for price reaction...

xstrizle

What an incredible bull run gold has had the past year. Gold has not fallen back into its previous $160 range since November 13th 2023. In saying that Gold is now at the bottom of the HTF range. At such an important level gold would collapse if it was to fall back into the previous range. Stay alert :) On a positive view this could be a retest that sees gold...

xstrizle

Here is my outlook on XAUUSD Gold Spot after the strong breakout we had Friday. Looking at current price levels i see 2515.50 being tagged first before a move south or continuation upwards. Downward levels are marked up if 2515.50 area resists. First support is sitting at 2478.60. If gold closes and holds above 2515.50 price will enter the next range up and...

xstrizle

Channels and Levels marked up for reactive trading

xstrizle

Solid Purple Lines mark key areas to visit. Closes above green line we go up. Closes below red line we go down. Staying Below the Solid Lighter green line is key to continuation down.

xstrizle

Silver has reached an important area on the high time frame and it is important to watch what it does here. If it closes below the current level breaking the trend a huge move to the downside can be anticipated. This can also be used to shed light on the possible direction of gold which has seen significant bearish moves recently.