XAUUSD will roll over from the current liquidity region, and bring price closer to the $1500 support floor. The $1533 psych level provides us with an ideal barrier for stop loss placement. Trade safe, manage risk, enjoy.
Major zones to keep your eyes on. Long bias for the long-term, but short to midterm downside is a possibility. Never close your eyes to reality - drop your stubborn emotional bias. lets go!
STOP LOSING TO THE SHARKS Why do 95% of traders fail? Because you learn from the masses, then you lose with the masses. You are being fooled by the banks & institutions. The very core of technical trading revolves around support & resistance. You are taught to sell if price breaks support and buy if price breaks resistance, but you aren't taught to win - you...
118.200 target for EJ. Solid RR - tight SL allowing for large position size.
XAUUSD is going for the upside - tensions are shifting investors money into Gold. My targets are $1562 & $1595. Management is absolute key when it comes to Gold. Lets go...
Enter bears. I see GBPUSD rolling over towards the 1.21780 psych level. Shorts are now active with a solid 2.2 RR.
We could see EURNOK roll over towards 9.800 support over the next few weeks. Looking ahead towards rate releases next month - if ECB chops rates aggressively, the Euro will take some hits. Holding a short bias for the mid-term.