Short term bullish but long term still bearish as 50MA is below 200MA. Look for a bearish pinbar on 4hr or daily to go short here. If this level breaks price could move to 6200 and then back down or to previous all time highs. I prefer the downside case.
Bias is bullish. Looking for pullbacks to the trend line or the 1241 zone and then rejection off there would give me confirmation that we go higher Alternatively if we do pullback and break and retest the trend line look for a pullback to 1235 Overall my bias is bullish. Stock market looks to be doing badly and hopefully people star buying gold finally. End of...
Rejection off 113.15. Selling UJ sl 15 pips Tp 45 pips SL at break even after 20-25 pips
Look for a break and retest of the trendline or a rejection from the trendline for a short. tight sl small lots... done for the week
Bounce of current zone to enter a buy till 53 and then 54, or break and retest off 52.1 ish to enter more shorts but 51.7 may offer resistance. i have drawn 2 trend lines- many people were saying oil broke its trend line but it only broke the short term trend line, on the 4hr the price is still below its trend line and bounced off it thrice this week. My bias...
Short at 112.6 sl .8 tp 1 50 pips, tp 2 100 pips move sl into profit after 25 I am not in this persnally due to nfp
shorting if the 30 min closes as bearish and if the following 15minute gives confirmation... this is one stubborn ass pair and slow moving
shorting if there is a break and close below 25200.. if you want to be more aggresive if there is a shooting star on the hourly you could short
look for break retest and close, tp 1206 sl 1216 trade not taken yet