goldengurl

goldengurl

Looking at the channel it looks like it is going down. I've drawn a minor zone (132.0), and it might retest it or go down without retesting, however once it leaves the triangle, wait for retest of 129.51 to confirm short bias

goldengurl

If it is able to break 107.350, it leaves the channel and will break out, if it continually goes down and breaks 106.900, it continues being in the channel. I am leaning towards It staying in the channel for this week.

goldengurl

If it breaks out at 0.89436, wait for a retest, then potential breakout

goldengurl

Will retest 1.0790 level and may breakout if it breaks 1.08567

goldengurl

Gold will retest 1715 level and may breakout or breakdown from there

goldengurl

Gold might come down to 1683, go up to 1720, fall to 1700, and fly to 1740

goldengurl

Based on the indicator and how it is noticeable that uptrend is getting weaker.