my idea of gold movement the next level gold will hit is 2100 however at the moment it will hit the first zone 2035 then retest before continuing on the bullish side.
im seeing gold being bullish for the next few days an as you can see on the chart my current trade that im in however im gonna hit tp an close out. i do see gold hitting the 2100 mark for sure an it will retest back at the area of 2000 an go up again .
im thinking gold might just reach a new high.
bitcoin has been gaining momentum for the pass few days however i do see bitcoin dropping to the level of 29500 then an i do see bitcoin breaking thru to the 31k mark as well after retest a few areas before jumping an we do have cpi new incoming so watch out an play it safe an get the bag guys
Im looking for the bearish downtrend with this pair however im looking at a bit of resistance at the level of 1.2300 but im looking for the small breakout on to the leveel of 1.22400, then crossing the first mark to the level of 1.2100.
then we may see a pull back into a bullish trend. however im holding on this one to get the breakout at one of the key...
basically i think gold will pull back around the 1920 line an drop below the 1900 mark to the tp of 1880.
the first tp would be around 1890 then 1880. an after forwarder consider it may drop straight down to 1870 before retesting.
however do still need to be cautious about our risk to reward ratio. cause the market does what it wants either way.
