Hamezjamez

Hamezjamez

From a Long term Perspective, GBPNZD is seen trying to form an up trend Chart structure/pattern, Moving from a Major support @1.66434, Created it First Higher high(HH) @2.17455 and it is seen around the up trend Lower low(LL) support, @1.87075, @1.87075 is still identified as a minor support on the most recentmarket structure (3years) Tips: A Break and Retest...

Hamezjamez

After a successful bull run for the Greenbacks, the market at this point has gotten to a tested Resistance (supply zone) and on a weekly time frame (1W) the candles has formed a valid double top chart pattern which we are expecting a sell off to the nearest support around 100.00!!!

Hamezjamez

Gold has Retested 38.2 fibb level around 1791.00 and will Continue It sell down to the next Structure. (4h-m15) time frame. Target 1782.34 (78pips) 1776.00 (130pips)

Hamezjamez

For position traders⚠️ Though Gold is on a Down trend. On the Weekly timeframe, it will Buy up to retest some strategic structure. XAUUSD just formed a double bottom 1679.33 which is also a Support, Which makes Gold very bullish.

Hamezjamez

Gold is currently on a Down trend on the Weekly Tf and has a Support to test. But first has retest my 10MA at around 1859.92 And continues the Sell Down