A little more detail via video analysis summarizing cable and potential upside moves as long as we are sitting above that key psychological 1.30 handle, not just a whole number, a more significant zone than that, multiple confluences stacking up here too which is great.
USDWTI H4 - Monster RR on this one if we can find resistance on the support zone we have just broken... WTI is more impulsive than confirmative, so often very fast moves are seen without 2 stage or multiple retests. 618 to 786 ties in nicely with corrective fibs from week open down to current price (resistance retest point).
The Monday open squeezed out the bull run along the continuing trend line.
Action from the close pre-Sunday was volatile on the hourly. a lot of volume.
Standard volume action but the volatility has given $XAU a strong bed of resistance.
Hello, This is probably the most daft chart I will ever create.
Buy $1230 - $1248 - Sell $1800 per ounce of Gold.
Might have to wait 3-5 years to TP, keep in mind Interest charges from your broker. Good luck, Chance of retouch of 1180 support also so like I said - Big margin required.
- Divit -