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SBForex SBForex PRO XAUUSD, D, Short ,
XAUUSD: Gold potential short setup and break of ascending 2hr channel
107 0 8
XAUUSD, D Short
Gold potential short setup and break of ascending 2hr channel

Gold has pulled back to the .382 fib and key daily resistance (USD 1206.95/oz) where price is currently stalling. I will watch for bearish price action around this level and enter a position on a break down of the 2hr ascending channel.

BillionsFx BillionsFx USOIL, D, Short ,
USOIL: US OIL SET UP $46 KEY ZONE APPROACHING
69 0 3
USOIL, D Short
US OIL SET UP $46 KEY ZONE APPROACHING

1) Oil has been making lower swing highs and and swing lows 2) Expecting a new low to be formed around 46 zone @ daily resistance zone 3) A Break and restest of the trend line will warrant short entries 4) Downside Target 1 42.50 zone

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