Ross-J-Burland

Oil and Gold analysis for NY

Short
FX:GBPUSD   British Pound / U.S. Dollar
You can skip through the oil as the sound did not come out or watch it as it is self-explanatory with the drawings and the following side notes:

''Bullish above 79.30 alarm set. alarm set 78.67. hard to form a directional bias on this one...BIS in London's sell-off, but D1 longs still in control from LoD (higher low) and could turn out to be an FGD, first Green Day/ bullish close, to trigger a bull rally on Friday in line with daily chart bullish bias. On the other hand, it has a broken structure in London and there is resistance 70.20/50 so we could come down into D1 longs for low-hanging fruit below LoD set in London/NY gap time to target 78 and 77.50. Can't figure out a bias for the day until we see D1 and D2 bulls committing to 78.50s retests in NY.''

As for Gold, we need to break through a lot of BS and volume to go lower...



** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!

Follow me at FXStreet: www.fxstreet.com/author/ross-j-burland

Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.