OmarKhalifah

OmarKhalifah

Great set up here on USDCAD looking for buying on the retracement short term sells are available but not advised.

OmarKhalifah

Testing support level 193.500 and approaching major support 193.

OmarKhalifah

Potential levels to keep an eye on. This week is major Data Moved, so need to keep aware of Data Releases.

OmarKhalifah

Siding with EURO strengthening GBP Weakening

OmarKhalifah

Monthly candles bounce off bollinger band support

OmarKhalifah

Crucial levels

OmarKhalifah

LEVELS TO TEST< BULLISH BIAS

OmarKhalifah

Short term correction followed by bullish momentum.

OmarKhalifah

Short term scalp

OmarKhalifah

Monthly candle indicating a bearish reversal. Weekly candle indicating a bearish reversal. Daily head and shoulders pattern. H4 Reversal Candle on 194 Resistance. Allow stop lose above 194.15

OmarKhalifah

Potential Bullish moves awaiting the Gold$ in possibility of the $1110 level breach we can see upside moves to the $1130 level. This is where we will see the trendline come into play. Possible US Data this week I.E FOMC minutes will have a major role to play with the outlook of Gold. Potential recovery to the upside of $1200 in the next few months or further...

OmarKhalifah

Stop Lose is the most important aspect here if it is triggered then we must leave the trade alone.

OmarKhalifah

H/S pattern confirmed awaiting break of neckline.

OmarKhalifah

Buying on Dips

OmarKhalifah

Further upside on the EURUSD to be anticipated by US Data 13:30 GMT+1

OmarKhalifah

Daily Candle reversal + Confirmation good Short Trade, Long term hold

OmarKhalifah

This is my possible outlook for Gold this week, Long Term view is still heavily bearish, however we may be seeing some short term corrections this week forming a wave 4 dependent on US Date at 13:30 GMT+1

OmarKhalifah

for further confirmation of a reversal, Trendline must be broken, 1.29578 possible head and shoulders formation, Support 1 would be first target, but will see the chart moving into Support 2. Which will be the end of this reversal.