Riccardo2553

Riccardo2553

On the Daily Gold managed to create a trend line and rejected the trend line. Daily closed bearish and looking for a continuous sell off to the minor support at 1805. Gold rejected the closed below the 78% fib and just above the 71% fib with an evening star on the daily which indicate a possible reversal. Will be looking at candle sticks for entry.

Riccardo2553

Nasdaq tested the 11000 weekly and daily zone an managed to close above, The 78% fib was tested and respected. Overall last week was a very bearish week with NFP results released on Friday. This week I will be looking at buys to 11370, Taking my entries on 15m timeframe. I will look at 3 buy entries *11000 (78% Fib) *11070 (71% Fib) *11365 (68% Fib)