the currency has consolidating we can see last time it was at this lever of support and resistance it bounced of resistance and it started the downtrend then we just hold until the trend breaks.
eur usd has been consolidating for quite some time. Last time it was at this level of resistance it reversed then we can just ride the trend until it breaks. Amazing risk to reward. i recommend keeping a sell limit.
gbp usd is back onto the old resistance where it reversed it will most likely consolidate then we will see a downtrend
gold is currently consolidating a couple scalps can be done then we wait for the breakout.
as you can see the currency bounced of support and it is likely it will go back up to resistance ,it could possibly break through the resistance as its getting retested which would be ideal for a long position.
as you can see from the chart gold has rejected the resistance 3 times we could possibly see a reversal if it gets rejected again which would be ideal for a short position but as it stands gold is struggling to break through.
xausd seems to have bounced off the support and broke through resistance if it breaks through the third resistance we could see gold at 1780 possibly
once over the s or r the market will continue in that trend till the new s or r