Francis_Barclay

Francis_Barclay

The channel has made it clear for us to look out for trades to the downside after a rejection occurs

Francis_Barclay

I invite you to yet another drop to the downside in on this lovely pair

Francis_Barclay

Doesn't get better than this, double top plus trendline rejection to the down side.

Francis_Barclay

Potential opportunity to go short on the pair should the market reject the trendline

Francis_Barclay

Doesn't get simpler than this

Francis_Barclay

After Trump signed the $900 billion relief fund, we can expect that spending will increase which will attract investment and boost stocks.

Francis_Barclay

We've a major trendline and whether this might result in a big rejection we don't know for sure as trading is reactive and not predictive. We can surely expect it to retest the previous support turned resistance.

Francis_Barclay

Type 2 close on a fib retracement level

Francis_Barclay

Nice text book entry with a double confirmation on the fib and trendline

Francis_Barclay

Despite all the fundamentals acting on the price of Gold, the technicals have to kick in at some point and push price back up

Francis_Barclay

Possible path the price might take considering the W formation that has already formed.

Francis_Barclay

Price just hit a strong support area so we are looking for buying opportunities. Mind the price might create a W formation so don't panic when you see it coming back down shortly after starting to rise.

Francis_Barclay

I think everything is pretty self evident.

Francis_Barclay

The pair broke the trendline and now heading back to retest so as to continue catapulting in a bullish move

Francis_Barclay

A type 1 close in the 4H on the major trendline, expecting a bullish move at the beginning of the week.

Francis_Barclay

Comment if you need explanation

Francis_Barclay

Double confirmation involving a type 1 on the trendline and a type 2 on the fib.

Francis_Barclay

Double confirmation involving a type 1 close on the 161.8% and type 1 on the trendline.