ON THE DAILY CHART WE HAVE A SIMPLE TRADE. WAIT FOR PRICE TO GO BACK TO 0.70634. SELL JUST BELOW 0.70634 WITH A STOP LOSS JUST ABOVE 0.71238. NO PROFIT TARGET SET. LET THE PIPS COME TO YOU.
ON THE DAILY WE HAVE A STRUCTURE WHERE PRICE HAS BOUNCED BACK FROM THE 43.00 FIB LEVEL. ALSO THERE IS A SQUEEZE MOMENTUM PATTERN WHERE PRICE WILL MOST LIKELY FALL TO PROFIT TARGET 40, 8 AND PROFIT TARGET 33.63. ENTER TRADE JUST BELOW THE 43 FIB LEVEL WITH A STOP JUST ABOVE 44 LEVEL. PRICE SHOULD AFTER THAT TEST THE RESISTANCE TREND LINE AND FALL TO PROFIT...
WATCH THE 1.30517 LEVEL. PRICE WILL RETEST 1.30517 LEVEL. SELL AFTER PRICE BREAKS TREND LINE AND BREAKS SUPPORT AT PRICES 1.30069/1.29999. PROFIT TARGET SHOULD BE 1.29060 LEVEL.
PRICE TOUCHED FOR THE 3RD TIME THE 1.48840 LEVEL. IF PRICE FALLS, ENTER TRADE AT 1.48748. STOP LOSS SHOULD BE ABOVE 1.48940. PROFIT TARGET IS 1.47119. WAIT FOR THE BREAKOUT FROM THE TREND LINE.
ENTER TRADE AT 1.51442. STOP LOSS BELOW 1.50000. LIMIT IS 1.57862.
ON THE DAILY CHART PRICE IS MAKING ITS FINAL PUSH BEFORE A BREAKOUT FROM THE BEAR FLAG PATTERN. PRICE WILL MAKE ONE MORE FINAL DESCENT TO THE MAJOR SUPPORT TREND LINE. WAIT FOR THE BREAKOUT OF THE FIB AT THE 1355.02 LEVEL. STOP LOSS IS 1338 LEVEL. THERE IS NOT PROFIT TARGET ON THIS ONE. JUST FOLLOW THE TREND.
ON THE DAILY CHART WE HAVE PRICE BREAKING OUT FROM THE SUPPORT TREND LINE. WAIT FOR PRICE TO RETRACE BACK TO 73.249 AND SELL FROM THERE. STOPS LOSS AT THE 75.871 LEVEL. FIRST PROFIT TARGET IS 72.216. SECOND PROFIT TARGET IS 67.980.
ON THE CHART PRICE RETESTS THE 1308 ((0.618) Fib level. PUT A BUY STOP AT THE 1310 LEVEL AS SOON AS PRICE IS READY TO 'TAKE OFF''. STOP LOSS JUST BELOW THE MAJOR RESISTANCE TREND LINE. LIMIT SHOULD BE THE 1348 LEVEL. STOCHASTIC/RSI IS GOING BELOW THE 20 LEVEL.
WITH ALL THE NEWS EVENTS TOMORROW GOLD IS READY FOR IT'S MASSIVE TRIP ON THE UPSIDE. CORRECTIVE STRUCTURE JUST ABOUT TO END AFTER A DOUBLE BOTTOM. EXPECT MASSIVE PROFITS TO BE TAKEN FROM THE 1316 LEVEL.
PRICE CAME DOWN AND RETESTED THE MAJOR SUPPORT TREND LINE AND THE 0.618 (43.00) FIB LEVEL. PRICE SHOULD BOUNCE BACK. ENTER WITH A BUY STOP JUST BELOW THE 43.60 PRICE LEVEL. STOP LOSS JUST BELOW THE 0.618 FIB LEVEL AND THE MAJOR SUPPORT TREND LINE. PROFIT TARGET IS 46.70 PRICE LEVEL. STOCHASTIC/RSI IS GOING BELOW THE 20 LEVEL.
ENTER TRADE JUST BELOW THE 2125 PRICE LEVEL (1.618). STOP LOSS JUST ABOVE 2129 PRICE LEVEL. PROFIT TARGET 2109 PRICE LEVEL. STOCHASTIC IS BEGINNING ITS FALL FROM THE 80 LEVEL.
PRICE WILL BOUNCE BACK FROM THE 45.60 LEVEL AND WILL CONTINUE TO RETEST THE 46.72 LEVEL. PRICE WILL FALL AT THE 46.72 LEVEL OR THE 45.40 LEVEL. ENTER TRADE WHEN PRICE BREAKS THE TREND LINE AND FALLS BELOW 45.30 LEVEL. STOP LOSS SHOULD BE NO MORE THAN 10 PIPS FOR EACH TRADE. PROFIT TARGET IS 44.30 AREA.
PRICE WILL HIP THE 1.48685 SUPPORT LEVEL. PRICE SHOULD BOUNCE BACK TO 1.4964 LEVEL. ENTER TRADE AT 1.48685. STOP LOSS JUST BELOW 1.48138. LIMIT IS 1.49464. STOCHASTIC/RSI IS BELOW 20.
WEEKLY CHART CONFIRMS THE RETEST OF THE MAJOR SUPPORT TREND LINE. PRICE SHOULD BOUNCE BACK FROM THAT
PREPARE FOR A BREAKOUT FROM THE TREND LINE. SELL AT 1320 LEVEL WITH A STOP LOSS JUST ABOVE 1322. PROFIT TARGET NO MORE THAN 500 PIPS. STOCHASTIC IS READY TO BEGIN ITS FALL.
MAJOR RESISTANCE LEVEL AT LEVELS 1322-1319. BUY BEFORE 1322. STOP LOSS SHOULD BE BELOW 1318 LEVEL. PROFIT TARGET IS NEXT FIB LEVEL AT 1331.
PRICE WILL EITHER RETEST THE 75 LEVEL AND BOUNCE BACK TO 75.905 LEVEL AND FALL OR IT WILL JUST BREAK THE SUPPORT LEVEL AT 74.904.
PRICE TOUCHED THE 01.46517 FIBONACCI RESISTANCE LEVEL. IF PRICE FALLS ENTER TRADE BELOW THE 1.45994 LEVEL WITH A STOPS LOSS ABOVE THE 1.46186 LEVEL. PROFIT TARGET SHOULD BE THE 1.1415 LEVEL.