#CADCHF, CADCHF, CAD long% decreased 2%, shor% increased 2%. CHF increased long% 6% while decreased short% 4%. price moving in raging area since last week, suspect fall in next week
EURAUD, Eur shorts increased 13K in this week, long% decreased 3% & short% decreased 3%. strong bearish sign in eur. AUD short decreased 2K, volume also increasing on falling prices.
Gold stands in retracement and recently has completed our 1190 target. Now we're watching for definite signs to estimate reversal. Details are in our signature link below.
If reversal signs will not be formed, next support is 1180. But, as we expect rally on EUR (look for our today's FX idea) - Gold has good chances to support.
Gold keeps well daily flag consolidation which means that bullish scenario is still on the table.
On intraday chart market comes to strong support of 1190, which could become short-term turning point.
For precise levels and patterns follow our signature link
Daily gold looks nice with bullish flag forming on daily chart.
To get precise uspide targets, invalidation points, understand what patterns to watch for on intraday charts within 2-3 sessions - follow our signature link.
The price is moving near key level $1204 all this week. The exchange rate does such thing before start new moving. Because every range - it is the accumulation of power especially near key level.
I wait for fake broke of $1204. If the price will break down $1204 and after will move up and H1 close upper key level. For me, it will be a signal for the Long...
GOLD ( XAU/USD) Weekly overview
Currency rate bounced from key sell zone $1306. If you take a look on chart, there was 4 — months accumulation of volume , after it price moved down, W1 close under it. Week ago i wrote that price with 90% probability will move down.
For us is better for open short on PullBeaks. Long — term goal is $1236. Trend will turn on...
