Week Look ahead of GOLD, series of highs and lows, harmonic pattern completion and zone to zone movement.
The EUR/USD pair has broken the key resistance levels of 1.17206. It is currently retesting the broken resistance and converting it to a support. Hence we expect the pair to be bullish and move to the levels of 1.18536 and 1.19155.
Eth has been doing quite well lately showing strength when the kingbitcoin and all the cryptomarkets were falling. But im not confident that is the case today. If you look to the graph you may see a strong reaction to the 0.23 fib level. Also MACD and RSI are heading down and the momentum doesnt look really good as we have descending and low volumen. This week...
COINBASE:BTCUSD continues in an overall 2 months + downtrend. As i write this a low volumen attempt of breaking this downward trendline is taking place. A failed breakout could easily lead to a retest of the lowest low we've seen this year at the 6K, level probably trigering some fear in market participants, they key level for this is the 0.23fib level. Macd...
A lot of space for price to move to the upside. Would like to see a pullback back down to daily demand before price pushes higher into daily / weekly supply. Would like to see this trend continue for a while.