Here we have lower lows and a lower high, indicating a possible bearish move. From our previous analysis this instrument showed signs of weakness and we might see more sellers getting into this market, with supply forcing prices lower. Again we consider the possible moves the price can make, and we will listen to our candlestick storytellers around areas of importance.
Trading is fun, keep your head in the game.
Happy trading
Trading is fun, keep your head in the game.
Happy trading
Comment:
Gold played out well, not as much bearish as we expected. Believe it will remain in consolidation now as traders moving money around the markets.
Comment:
Our anticipation of price action played out well. We will soon give an update on more instruments focusing on the following sectors Currencies, Cryptocurrencies, Indices, Metals and Energy.
Have a good day
Have a good day