hello everybody , i think gold shall make some little downtrend to 1730~ , before that , it have to make some correction or retrace or pullback to 0.382 or possibly to 0.618 , then im going short on this pretty pair , good luck <3
hi all traders , im waiting for CPI news on Thursday , Gold could make some short movements , because we see it makes LL and LH on chart , 0.786 fibonacci level of wave A is strong resistance too (if this level breaks , im going long ) , and if you see more accurate , she is making a triangle on lower TF. Hope you like this analysis , wish you profits.
Gold shall make some downside correction, i expect something like this <3
about my previous analysis , i did not see any weakness near resistance. so , price breaks our zone with high momentum. i expect a pullback to this support , then continuation to the top.
if you see any kind of weakness near 61.8 fibo retracment for this down impulse , surly you have to go down <3 write me your opinion
since last year , price dropped to downtrend channel that seems to be a bullish flag , i think its going to end soon , prefer the black flashes for future and the end of second zigzag (ABC) i expect a correction as a pullback ( new X wave ) , and i don't see any weakness in this up trend , actually see more power. but we are close to top of our flag , mind a...
my last analysis is going well , i expect more down near 1800 , then after complete our triangle as wave 4 , i expect a new impulse as wave 5 , GL <3
after touching the major resistance zone , i expected some bearish movement , however i see some bearish divergence on RSI
on this currency , price is touching an old resistance that belongs to a higher time, i think she cant break this one, lookin for shorts after complete this pattern.
as we see on this pair , price is touching an old support that belongs to weekly time frame and make some divergence on 4H and 1H time frames on RSI , she could make some bullish movement as a trend or correction. lets see
on this currency , we could make +70 pips profit after pullback to the broken support line , looking for sell setups on lower times.
price could have a pullback to the strong resistance which have been broken last week. i expected sell setups at red zone , then buy setups at green zone !! monitoring price action on lower time frames for entries , GL <3
after a pullback to our broken trend line (red dot) , we go bearish on gold. possible head and shoulders :*