Based on what I see in the chart, Gold was trade under pressure. I think Gold will try to test again the Support @1292 ( Fibo 0.618 ). If this level could hold and maintain the ground, we just have to wait for confirmation candlesticks for trigger our next Buy position. Resistance : $1304 , $1317 , $1331 Support : $1292 , $1285 Good luck and have a nice day everyone! :)
Time for AUDUSD to go down, this Ascending Triangle that last for about 1 month finally already broke the Support Line and now might be try to reach 0.7820. The best timing for Short is after this price Re-test the Resistance, after that we will wait for the momentum with some candlesticks confirmation. Hope this information helps and have a good day!!
I initiate another Long Position at around @1311 for take the 5th Wave possibility. Hopefully this correction wave finish, and after this should be try to reach the next Resistance. I put my Stop Loss right below the last low price around @1301. Good luck for everyone and have a nice profit. Thanks!!
I'm expecting a surge movement from Gold soon. Based on basic Fibonacci Retracement that I pulled from second lag of the Elliot Wave is showing us a Support at around @1316 - @1321, if the correction wave could hold above this Support, I am expecting an upside movement from Gold soon. I trigger a long position around @1323 - 1324 with Stop Loss below the Support...
From this Daily Chart, I saw an Ascending Triangle. This could become the Support for AUDUSD, and "IF" for some reason, DXY get drop again this could become a momentum for AUDUSD break the Resistance Line of Ascending Triangle. And of course this could bring AUDUSD to the new high level. I will looking forward for an entry point if this area could hold. Good luck...
Based on basic Fibonacci Retracement, we can saw a level that Gold may be trying to reach. 23.6% @1321 38.2% @1299 I personally will look forward for Gold to pullback at least @1299. And after we see a several signals such as a pattern or decline in the support, i will directly entry a new long position. I closed mine with Stop @1327 after went long from @1293...
Based on Fibonacci Extension that I used in the chart, I assume Gold can reach @1378 for the next target. @1332 now is the Strong Support and next Support is @1342. I went long from @1293.50. And I already thrilled my Stop Loss @1327. As you can see DXY is having a serious trouble, it drops and keep falling. From this information, I can say that Gold might...
From what I see, DXY can have another free fall next week. Hurricane Irma is on the way to California and this could make DXY even worse from last support @92 As you can see there are no more support levels below this area @91.30. This could make DXY free fall to around @88 area. Pray for US! Hopefully the Hurricane doesn't give a huge impact.
The price already hit my MidTerm Target @1.2060, from my latest post for this pair around 31 August 2017. From now on I still looking for moving my Stop Loss around new area @1.1930. So now I will maintain my long position @1.1848 for this pair for another higher pricing. I expect new week EURUSD will be trade above the 1.2000 area. Good luck for you guys who...
From the M30 we know that @1337 Supportical Resistance is not holding anymore. I assumed we still move in the same direction, but the real area of range is still around @1332 until @1337. So I decided to raise my Stop Loss @1327. I went long from @1293 and moved my Stop Loss a couple times. Hopefully @1332 can hold as a good Support. My target for long is around...
From the Friday closed price. We saw a breakout around @1321 ( Fibonacci Retracement 0.786 ). This mean Gold can create a new high level above this area. If you see the price movement around July 2016 until the September 2016. Gold was move inside the Descending Triangle until the price breakout the Support Line and traded below the @1300. From that information, I...
From this EURUSD Daily Chart. I personally expect a rebound soon. So from my perspective, Im using a trendline as my entry point. I think this could be the end of the retracement and it will be up again sooner or later. So why not? Let's Buy on the support and expect a higher price. Good luck and have a nice profit! Please click " Like " if you think this...
From my perspective. GBPUSD -0.04% is on the way to create a new high ground. As you can see, the miniature Downtrend has already over. So I think now is the time for us to jump back in. Not much to say from me. Just, good luck and have a nice profit guys! Please help me with the " Like " button if you think this analysis helpful. Thanks guys!!
From my perspective. GBPUSD is on the way to create a new high ground. As you can see, the miniature Downtrend has already over. So I think now is the time for us to jump back in. Not much to say from me. Just, good luck and have a nice profit guys! Please help me with the " Like " button if you think this analysis helpful. Thanks guys!!
From last day closing price, we can see that Bull already won the match against the Bear. I think $1322 will be the new Resistance to beat. Overall Gold still on track for another higher price, I expect a pullback. But as you can see, anything can happen in this geopolitical situation. Both between Donald Trump and Kim Jong Un can do something that we don't...
Why I open buy here?? This can be good for Long Term trade, since Yellen spoke last week doesn't give us a hint about US Economy. And what happen now is a breakout of Triangle. If I'm not wrong this could be the start of a true breakout above $1300. So I open Buy @1293.50 And I put my Stop Loss around @1275 Good luck and have a nice profit! Please click the "...
Hello again everyone, it's my weekly review today.. I saw a very flat movement last week, but after Yellen spoke, everything changed. After a solid flat movement, we can saw a bullish candle is winning the ticket. Right now in the weekly chart, Gold prices is maintaning the ground. As you can see from my Daily review. Bulls is setting the base camp for another...
I just post this idea for scalping while we wait for the US Session. Overall I saw a symmetrical triangle in the Daily Chart. And probably will continue to the upside. Because basically Symetrical Triangle is 1 of the continuation pattern. So try to scalp just for the European Session. Good luck and have a nice profit! Please help me to click the " Like " button...