SunLion506

3 Possibilities detcted for Long and Short positions.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
There is a lot of pressure on both sides fundementally and technically. Fundementals push for higher prices however technical pushes for bearish outcomes. The truth is the chart is heavy and there is strong focus towards a bearish fall as Fundementals and Technicals battle it out in the coming weeks. Fundementally charts are also pushing for a bullish side in the minds of traders they see it maybe passing 1800.00 as also a possibility to consider. There is also an overwhelming possibility of a crash detected

Detected in the chart is a possible crash not calculated below towards the bearish side in the coming weeks towards 1675.00 or 1650.00, assuming market continues down and not side ways on this bearish heavy fall.

Current data for the upcoming quantum possibilities chart forcast:
Possible small pull back to the upside ..............................25% chance.
Possible resuming further down for a short ........................25% chance.
Possible Bullish outbreak past 1800.00 .............................20% chance.
Possible Bearish movement towards 1760.00 - 1740.00 .........30% chance.

Bullish chance..... 45%
Bearish chance.....55%
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