Yesterday gold has been breakout from its strong daily major trendline. Now, we will look at what happened when gold retest the trendline. it either be long if the gold bounce when retest and short if gold re-enter the channel when retesting the trendline
As we can see on 4H chart, XAUUSD now retesting its trendline that has been broken. Now, we need to see an confirmation for our next move, either upside or downside. Always use your money management !
Hi Traders! We have seen that EURJPY has bounce when it reaches EMA 50. I will take Long Position at the EMA 50 because we could see many support there, the trendline support, the EMA 50 support, and the previous strong support zone that retested multiple times before. So look for Long There but don't forget always wait for candle confirmation. Be patient and...
GBPUSD bounce from support last night and performing double top pattern, and next week will short to major support trend
In 1D timeframe, Stochastic has reach overbought
In 30 min and 1 hour also the same.
