Sphe-sihle

Sphe-sihle

here is what i am expecting

Sphe-sihle

Patiently waiting for the elliot double combo wave to complete at around level 1423.375 before we go long. While waiting we will be fishing for small profits in between.

Sphe-sihle

Here is what am expecting from gold price in the near future Since gold price has recently been rejected and held below and around level 1553.304 (turning the 2012 major support to resistance). I am expecting price to pull back to around level 1400.210 (turning the previous resistance to support), and then continue its uptrend mission

Sphe-sihle

A relook at gold. my previous anticipation was canclled. On this one should we expect something lke this?

Sphe-sihle Updated 

What is your view on this?

Sphe-sihle

As we can see that previous resistance level 0.64367 is holding price below. What i am expecting is price will go back down probably to level 0.62943 forming a bullish head and shoulder.

Sphe-sihle

price has been rejected and closed above the support level 1.11170. Price is retracing/pullback to around level 1.11549. i am hoping it will turn around that level and go down. if so there is an opportunity of two targets now. first target is at the previous support 1.11170 and second target is at 1.10859

Sphe-sihle Updated 

If price breaks below support ( 1.11170 ) and closes below, and is maintained below the support, i am expecting price to go down to level 1.10845 that is where my Target will be

Sphe-sihle Updated 

I am expecting price to come back down after testing the trendine, to the three targets...if my first target is filled i will move my stops to break even

Sphe-sihle

lets se what it will do

Sphe-sihle

My expectation with this pair is... since price has broken through the trendline i am expecting price to pull back forming a high low/ right shoulder and then head up

Sphe-sihle

As we all see... price has broken above level 1.09738, we can see that that level (resistance) has kept price below it for a short while. Price has broken above it and now it is heading back to that previous resistance to test and turn it to support. By the count of elliot waves the testing of the support and resistance zone will a completion of wave 4 and the...

Sphe-sihle

going long if bearks the resistance,

Sphe-sihle

here is what i am expecting, since there is a rejection at level 1510.40, if price is maintained below level 1510.40, i will go short

Sphe-sihle

thinking of buying

Sphe-sihle

This is my expectation on the gold price movement for at least two weeks. if gold price is retained within the channel then we should expect to have a completion of wave 5 of wave X (WXY), then i will be waiting to ride Mrs Wave Y. keep in mind the economic data and news. have a blessed week

Sphe-sihle

i see a good head and shoulder, a break through the trend line and a test... i am comfortable to go long now

Sphe-sihle

i see a bearish head and shoulder pattern, hope we all do