maceman

maceman

Gold will likely approaching upper resistance first before continuing the downward movement....

maceman

Gold will likely to bounce off support....

maceman

After gold reverse from upper daily channel and broke the trend line, gold will continue it's downward movement to daily bottom channel after a little correction to around 1283' ish (trend line). Short risk with high reward position, worth-ed to take.

maceman

On Short term idea, Gold will likely retest the resistance at 1342 first before it continues the downward move

maceman

Sell gold on breakout! 1.) Rejected on trend line 2.) Bearish Engulfing 3.) Double Bearish Divergence 4.) Daily & Weekly Overbought This is not trading advice, this only my analysis on gold. Used this if you already know the risk.

maceman

Gold Will found it support at 1270 first and gold will reversal from there, we just need to see the price action there.

maceman

I think USDJPY just testing resistance right now.

maceman Updated 

Just my idea ! GBPUSD will be move to 1.2511 and than go down again.