Zane_Andrew

Zane_Andrew

layer zone it can follow 1878-1880 area to get more sell

Zane_Andrew

A trade through $1878.40 will confirm the shift in momentum. This could trigger the start of a minimum 2 day counter-trend rally. Taking out $1849.70 will negate the chart pattern and signal a resumption of the downtrend. The minor trend is also down. A trade through $1921.30 will change the minor trend to up. This will confirm the shift in momentum. The nearest...

Zane_Andrew

Bearish Scenario A sustained move under $2009.90 will signal the presence of aggressive counter-trend sellers. This could trigger a break into $1958.70. Taking out this level could trigger an acceleration into another 50% level at $1932.90

Zane_Andrew

Bullish Scenario A sustained move over $1932.90 will indicate the presence of buyers. Taking out $1955.00 will change the main trend to up with the next targets $1958.70 and $1972.50. A trade through the main top at $1972.50 will indicate the buying is getting stronger, but the rally could stall on a test of $1987.60 to $2009.90.

Zane_Andrew Updated 

Bearish Scenario A sustained move under $1958.70 will signal the presence of sellers. This could lead to a labored break with potential targets lined up at $1932.90, $1915.50 and the support cluster at $1908.10 – $1897.70.

Zane_Andrew

Bearish Scenario A sustained move under $1928.00 will signal the presence of sellers. If this creates enough downside momentum then look for a break into the support cluster at $1908.10 to $1897.70. A trade through $1900.40 will change the minor trend to down. A move through $1882.00 will change the main trend to down. This could trigger an acceleration to the downside.

Zane_Andrew

Bullish Scenario A sustained move over $1925.40 will indicate the presence of buyers. This could lead to a test of the Fibonacci level at $1951.00. Overtaking $1951.00 will indicate the buying is getting stronger. This could trigger a further rally into another minor pivot at $1993.50. Trader reaction to this level could determine the near-term direction of this market.

Zane_Andrew

Bullish Scenario A sustained move over $1978.70 will indicate the presence of buyers. The first target is a minor pivot at $2026.90. Counter-trend sellers could come in on the first test of $2026.90. But overcoming this level could lead to a retest of the main top at $2078.80. This is a potential trigger point for an acceleration into the all-time high at $2117.10.

Zane_Andrew

A sustained move under $1995.90 will signal the presence of sellers. If this move generates enough downside momentum then look for the selling to possibly extend into the long-term Fibonacci level at $1951.00. Taking out $1951.00 will indicate the selling pressure is getting stronger with the long-term 50% level at $1899.80 the next likely target

Zane_Andrew

if the gold will get the rejection by resistance 1882 then a sustained move under $1844.30 will signal the presence of sellers. This could trigger the start of a labored rally with potential downside targets $1833.90, $1821.10 and $1819.00. The 50% level at $1819.00 is a potential trigger point for an acceleration to the downside with the next major target the...

Zane_Andrew

A sustained move over .6631 will indicate the return of buyers. The first target is .6670. Sellers could come in on the first test of .6670, but if buyers can overcome this level then look for a potential retest of .6710 to .6753. This area stopped the rally at .6733 last Thursday.

Zane_Andrew

Bullish Scenario A sustained move over 115.251 will indicate the presence of buyers. If this move creates enough upside momentum then look for a rally into 115.679. Overcoming this level will indicate the buying is getting stronger with 116.339 the next target.

Zane_Andrew

Bearish Scenario A sustained move under 1.1407 will indicate the presence of sellers. Taking out the intraday low at 1.1370 will indicate the selling pressure is getting stronger. This could trigger the start of an acceleration to the downside with 1.1308 to 1.1265 the next likely downside target area.

Zane_Andrew

A sustained move under 4510.50 will indicate the presence of sellers. If this creates enough downside momentum then look for the selling to extend into 4438.50 and 4419.25. Taking out 4419.25 could trigger an acceleration into 4327.50, followed by 4266.00, a main bottom at 4212.75 and 4137.50.

Zane_Andrew

A sustained move under $1832.20 will indicate the presence of sellers. The first downside target is $1819.00, followed closely by $1812.00. The 50% level at $1812.00 is a potential trigger point for an acceleration to the downside with the nearest targets $1788.50, $1782.50 and $1780.60.

Zane_Andrew

Seems like a range

Zane_Andrew

Gold forecast for monday, gold has the main suppport level which can be more helpfull to know about next direction .

Zane_Andrew

USDJPY SHOULD GO IN BUY.