SOFX17

SOFX17

Looking for Support from a key level on Gold before going LONG

SOFX17

All Analysis and reasons are highlighted on the Picture.

SOFX17

waiting for confirmation of a rejection from the 100% level on the Fibonacci, as the chart shows we have previously rejected from this level. A pullback to the 78% region. EMA's have crossed on the 15,30 & 60 minute charts, and look to cross over on the 240 minute chart.

SOFX17

After breaking our Two month consolidation zone we finally broke through to the upside, with 4hour, Daily and weekly all ending Bullish I expect this pair to test at least the 136.500 region so there is potential to LONG this pair for another 50 pips before meeting previous Resistance.

SOFX17

Hoping for a Bullish trend to form and break this Wedge, Bought in at .3858 Satoshi hoping to ride it back up to at least .5969 Satoshi.

SOFX17

With NFP coming at 13.30 and job roles expected to remain the same we should see the USD gain some momentum back, which should give us the push we need to test the Monthly resistance around 114.000