Price is at two strong resistant area so the possibility of going down is too high
Xauusd is still playing in channel, not clear move yet, Buy Gold to top of channel.
I've posted this chart before and explained who price is going down to hit the bottom line of rising channel, The chart is still valid and we have long way down as JPY is getting strong
this is a rising channel, and price is going to go down to hit the bottom line of rising channel
Is it changing pattern? Market hold the top for a while and buyers are not strong enough to push this market higher, It's time to sell the top with a little patient
What point could be stronger than when price hits top of a rising channel and at certain time that range is a very strong resistance of another trend line!! time to sell dxy. we are at very strong resistance area
sell gbp/jpy as the price hits the very strong resistance and it's possible to fall down to next support
Potential buy opportunity at Gbp/Aud as the market is in low, but we need to wait for confirmation
buy eur/aud as price couldn't break 1.43 for two times , tp:1.60 and final tp:1.70
price is at strong resistance , trend is going down anytime,
monthly channel is completed now, waiting for next leg down
My analysis is 1M time frame so if you have small account , don't follow this chart. price is in a pick and hits the top of trend line, waiting for a huge down,
Price hits the high in weekly, time frame, on daily time frame we need a correction after almost 11 days on bullish, sell on the way to AUD
Time to sell gold, Price will back to 17xx before next move