Gold has formed a solid bullish move. 1958 level is the new strong support level. Time ur entry before joining the bullish trend.
12 pm and 1 pm GMT gold on 1 hour tf is bull
bullish tweezer candle has formed on the as the 8th candle stick on 1 hour chart, signifying a bullish move for gold today.
Gbpusd will continue the bearish fall to 1.2636 level and begin to correct itself with swing trend.
Gbpjpy will continue to fall this week and after that swing trend will begin before a strong bullish move up.
Well done to anyone who enjoyed profits from analysis yesterday. gold has hit the trend suppoort level in the 5th stage again at 1937 level. it will never return back again below the 1937 level so set ur tp well. i see a long run upwards. Trade with risk management.
gold is still looking for a strong support @1900, yesterday it tried up to 1905 before a retest. Again Gold is bouncing between 1922.4 and 1935.8 which was the only support and resistant level on yesterday trade on 1hr time frame . i see a fall again to 1900.
From fundamentals with technical analysis which shows a bearish trend, wait for a retest into 1.7280 and sell from there. you can also use sell stop order to set your tps.
gold has hit the support level in its upward trend and is reversing strongly to hit tp between 2030 and 2050 today. Note: Please trade with risk management if u are opening buy now.