icyboi

icyboi

nzdusd is on critical support level and consolidating. waiting for small retest on small timeframes circa0.65150 for long entry.

icyboi

rejection at resistance

icyboi

if it breaks resistance circa 1737 we can look for support long entries. but resistance could be strong, and if it does not break and bounces back we can look for long entries at lower supports. Gold's heading 2000$, maybe 3000$ as the bank of America said, I prefer position trading on gold. let's just observe and wait for a decent entry on gold for the moment.

icyboi Updated 

as we see gold's consolidating and shaping bull flag.

icyboi

if bull flag consolidation breaks circa 1735. we can go long till 1800

icyboi

these 4 supports are really strong points, we should pay lots of attention to them. head and shoulders pattern on the daily chart telling us the price will go down, but 'till which support?

icyboi

we going down🐾

icyboi

Gold's correcting and about to decide where to go. We can see some interesting patterns here.

icyboi

audusd could go up till first possible resistance zone then retrace a bit

icyboi

gold price is going down. has full potential to check weekly support @1456circa

icyboi

xauusd has potential to bounce on trendline. big drop might be coming maybe will check on today's low but smaller timeframe candles tell that sellers are not powerful than buyers i think its collecting more orders for big drop

icyboi

elliot wave analysis

icyboi Updated 

gold support