Toptok

Toptok Updated 

XAUUSD - On the montly timeframe gold has created a huge pinbar spiking to a double bottom (1676) hence why i think there is more upside potential for gold in Q4. On the daily timeframe gold has spiked down to the monthly lows and has since recovered quite rapidly creating new higher highs and higher lows. where it now comes across it first major resistance...

Toptok

Since palladium made a new lower high on the daily and hereby failed to create a new high. I think there is a great chance of palladium to break the bottom and form a new low. If it fails to break the bottom it wel go back to the top range.

Toptok

XPTUSD has made a real bearish structure since running in the highs of 1041, forming Lower Highs and Lower Lows. Thus i would not advice looking for any buys until we break these structures with bullish price action. This been said I see an area of interest where price could reject and have the potential to turn bullish and reverse. On the daily TF a bottom has...

Toptok

Since the rally to 2525 price started to cooldown a bit. Price formed a range now around (2333-2256 region) the 38.2% fib level. If prices whishes to continue upwards then it must hold the bottom of the range. safest execution would be to enter on a break&retest of the range. This ofcourse applies for both ways. Palladium refused to fall down even with the...

Toptok Updated 

I still think GBP is undervalued. since it held on a bigger fib and extended higher, i think there is a great possibility for GBP to climb higher. the 61.8 fib retracement level lines up with the daily recent swing point. A retest of this zone would be ideal

Toptok Updated 

This chart is gold on the daily time-frame. Since we've reached a top at 1346 price has been making significant lower lows. This gives me the bias that there is still room for gold to dive further down, but it has to break a major support around the 1280 region. As seen this region has proved to be a major support for the pair so it needs to be watched carefully. ...

Toptok

Since we're struggling with the 112.000 region. I do expect a pullback to 111.400-300 before we're heading higer to the fib extension levels at 112.430 & 112.880 as initial TP's and a SL around 111.000. What would invalidate this set up is a clean break above 112.000 region. Any feedback on my chart is more than welcome.