I have buy bias in the market following the trend. since price has pulled back in the demand zone, I am waiting for the price breaks out of the zone. Price will most like to test the supply zone.There is a higher probability that the price will continue to move higher when it breaks and closes above the supply zone.
www.tradingview.com All major currencies have capitulated. Will USD stand out for long? NO.
short sell signal is obvious and after that i expect a short upward move
Dollar gold has a lot of catching up to do.
Gold priced in GBP£ is nearing all time highs as the British pound continues to see bearish sentiment. Will we See gold break all time highs and hit £1200 per ounce?? we are currently seeing some consolidation as the market decides on what to do next, we may see a pullback towards our Fibonacci support and previous resistance area before a move higher. It wasn't...
Watch XAUGBP on 1 Month when decide to buy GBPUSD Analyze related link for GBPUSD
Great setup broke 1000 level impulsively now we are forming a bull flag. I will look for a better entry at the bottom of the flag and I will look for a stoploss under the £1000 level. This is of course in correlation to XAUUSD which is pulling back too support will be looking for a long there too.
Might have a bit of that next week or two. Price is respecting support. Weak downtrend. Looking for max 50% retracement into current week's range sometime next week. OANDA:XAUGBP
Brexit deal must be close.
Retested the breakout.
Incredible. Play it as you wish. For those who are already in position, its easy to just hold and ride it out.