Price is oversold, there is alot of liquidity sitting above the triple top on the 2hr tf. Price currently at 768 fib zone and anticipating a push up with NY session. NFP today so things could get choppy but this is the best zone to take buys.
Price retested the bottom of range and rejected closing above support at 1894.80. Current 4hr is bullish. Still anticipating gold moving up due to Ukraine crisis. A 4hr closure above 1900 would allow for safer entries.
Gold has moved back above 1900 after making a higher low and higher high on the lower timeframes. 4hr has flipped bullish and grabbed liquidity from downside, Putin ready to deploy troops to Donbas which will be seen as invasion force. Weekly is also bullish so anticipating gold to move up.
Gold retraced to 764 fib zone and around 1900 level. Russia war uncertainty will see gold rise and this is a good price to hold to 1930-50
Price has once again tested strong resistance level 1.36300. Big rejections from this point in the past, Price is overextended and due for a retracement. Russia war news making dollar safe haven strong which will move price down. Price is currently at 0.88 fib level providing the best price for shorts. Safer entries or scale in after break of 30m support at...
4hr Broke resistance and has been making higher highs n lows. Current 4hr candle retraced to support and we had a bullish 15 min candle break previous candle highs. psychological level 72000 broken on 4hr.
Trade taken based in higher timeframe highs n lows, price has been making highs n lower lows on the 4hr, currently at 768 fib level so anticipating a drop here. DXY is currently consolidating at a strong support so a breakout to the upside could happen soon and this would cause a drop on GU as the dollar gains strength.
Price has retraced to break the swing high but I believe this was an overextension. Currently at golden fib zone and there is a bearish rejection candle on the hourly timeframe. Anticipating the higher timeframe trend to hold and price to make new lows. High RR swing potential. There is Red Folder ADP news for the dollar later today, I believe this will be the...
The dollar has seen strength recently and has since retraced but for now I believe its rally will continue. Price has retraced to the 50 fib level on the 4hr timeframe and has shown bullish pressure on the lower timeframes.
Price has been consolidating around a daily 618 fib area, and had failed to break it to the downside. 4hr timeframe has been bullish but there was a massive pullback to 1.34000 psychological level. Anticipating price to reject this level and move higher to continue this ascending channel on the 1hr tf.
Price has retraced after hitting a resistance, but with dollar strength I anticipate another bullish stretch based n higher time frame analysis. Price rejected a higher tf 764 fib to move upwards earlier this week and has now formed a double bottom on the 1hr tf to create a support allowing a retest of1.26500. We are also respecting 1.26000 psychological level....
Hourly closed bearish for 4 consecutive hours rejecting the 764 higher tf fib level. Had a selloff here previously, looking for the same move again.
Price has formed a double bottom formation at 113.485 on the 4hr timeframe, and has also formed a W formation with recent price action on the 4hr tf. The dollar has been gaining strength but UJ has not moved up due to YEN strength. I believe it is oversold and ready to make a move upwards to retest highs at 114.600. Price printed a bullish engulfing on the 4hr...
Price is oversold after a big move up last week and has rejected 764 fib level on higher tf. Sellers at double top have been liquidated my this mornings push and now price should move down. Bearish 2hr close. Once price breaks 1838 it should come down to take buyer liquidity at 1830.
Price was consolidating on the daily tf last week at the 768 daily fib zone. Last weeks final daily candle broke support and closed bullish engulfing which signifies bullish sentiment. Price stagnated and we had a bearish 4hr close on the 4hr tf during asian session monday morning. The next candle pushed down to create a bottom wick and closed bullish just as pre...
Price had a massive rejection to downside after 4hr candle closed above resistance rejecting the 618 fib level. USD unemployment news was bad for the dollar. Anticipating a push into 1.36700.
Price broke a consolidation to the downside but failed to continue pushing. Anticipating break back into the range and a push up to 1847 to complete a higher timeframe move. Lower risk used as there are fewer confluences. 30 min closed bullish.
Price rejecting 1.35720, previous support and strong buy zone. Positive CPI news for GBP. Expecting a retracement to 1.36500 and potentially 1.36700. Buys taken in golden zone.