Buy continuation entries for gold. If POI one fails we wait for the 2nd one.
The market has been trending up, we saw a retracement earlier this week. My bias is still long
Is the trend changing? Price has been dropping with strong momentum that has successfully broken the market structure on the 4hr confirming that it might be changing trend.
The big uptrend is still strong. At the moment I am scouting for buy continuation entries.
Woke up to price that is retesting weekly zones signaling reversals. On the DXY we have a bearish OB on the monthly chart combined with a daily setup. I am waiting for entry confirmation once price breaks the current uptrend market structure. On NZDUSD, I have price that is testing a weekly support zone combined with a 3 drive pattern and monthly confirmation...
Potential buy entry on weekly chart that might push price even higher.
Price keeps on trending higher, and at this time all we can do is join the trend. I am watching a key level on 4hr down to 15min that gives a buy entry setup. Watch the video and let me know what you think..
Price is bouncing from a weekly chart, my question is will it break the level and continue pushing higher or it will drop from where it is,? leave your feedback
The markets looks bullish but we do have 2 POI from which we can get possible sell entries
Price is approaching an demand zone on the weekly chart, my bias is bullish. But to buy, I need to see some form of lower timeframe confirmation once price retest my zone.
Currently #Gold is swinging on the 4hr/1hr timeframe. This comes after the buy momentum that we experienced a few days ago. So, at the moment I am willing to flow with price, if it gives sells, I sell and if it gives buys I buy.
Price is retesting a SNR zone that might give buy continuation setup
Gold closed above a weekly resistance zone signaling a move up. I expect it to push even higher but for me to get solid buy entries, I will wait for a pull back to the fresh demand zone left behind on level 1951. If it get here then I buy. If it fails to push down here but confirm buy entries wherever it is I will still buy.
We are on s short term downtrend Price is retesting a supply zone on 4hr that can give a possible sell continuation setup.
Morning People, Price dropped significantly yesterday closing below a daily zone on level 2006. I am pretty bearish on this one, but for me to get sell continuation entries I need to see some pull back to the fresh supply zone left behind. I am watching the level marked on green for possible pullback to my entries. It's a risky level though.
A support and resistance zone on the 4hr. Price had pushed from this zone earlier on forming a higher high before dropping to new lows. As it pushes up, my view that it will resistance at this zone and continue dropping. Entries on confirmation.
#Gold Update I am pretty bearish on gold. At the moment am watching 2 zones that I can get possible sell entries. Price is reacting from the 1st Poi, if it fails to work then my eyes will be watching level 2039.
Price is on a downtrend. And even though at the moment it's bouncing from a weekly zone, the structure hasn't changed. I am looking at fresh supply zones from which I can get possible sell entries.