Today's focus: Silver
Pattern – Breakout test.
Support – 21.90, 22.84
Resistance – 23,45 23.19
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Silver on the daily chart.
Looking at Silver, we see that price continues to pull back after breaking out of a triangle-based squeeze pattern. This is fine after a breakout but we want to...
Gold H4
Check out gold, waves formed exactly as expected, zones have responded well.
Multiple examples showing effective trading zones, all we are looking to do is measure and trade between them, understanding how and where to scale out consistently to mitigate risk and squeeze profit
In last weeks KOG report we said we were looking for a pullback at some point during the week targeting the 1845-50 region and higher immediate targets of 1874 and 1881. We saw price create a high of the week at the 1877 level and then create a very difficult range to trade before declining into that 1845-50 price zone. We also highlighted the Adam and Eve...
Gold H4
I have to keep this one going really, even with the US data last week causing some big downside wicks (stoppage likely), support still ended up holding and our market close and open was there or there abouts with the bottom of our support price.
Simply looking to buy from support and sell from resistance until we see a very clear break of this orange range box.
