Yahia.Awes
Long

GOLD seems to be ready for it

FX:XAUUSD   Gold Spot / U.S. Dollar
322 20 10
Last sellers sold their gold             , if we get a daily hammer this might be a great long! Bullish div on all timeframes, so potentially this whole downtrend could be a bullflag.

Also we have channel support here and the turquoise line is horizontal support.

Earlier I posted an idea where I looked for 1160, but was revised by me. I often posted my chart in the gold             chatroom and there you might find the route to this idea. There is a bullish divergence on monthly, weekly AND daily timeframe . I will monitor this metal and silver             very closely.
IvanLabrie Yahia.Awes
I see room for some correction in the dollar...The yen is looking increasingly interesting on the long side overall.
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Yahia.Awes IvanLabrie
I agree, I think that for example GJ will touch 198 area before going down. Posted this also weeks before.
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IvanLabrie Yahia.Awes
Yes, GBPJPY is close to it. Or already topped. I'll let it prove itself.

My target:

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Yahia.Awes IvanLabrie
I just entered long on GJ, really needs to go higher a bit.
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IvanLabrie Yahia.Awes
Looks messy for me right now. No major news today, so unlikely to go for a strong upwards surge.
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Yahia.Awes IvanLabrie
Well I see it making a bullflag.
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IvanLabrie Yahia.Awes
I entered gbpusd long btw. Might have a shot, but JPY is pretty strong atm.
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Long term view?
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IvanLabrie Yahia.Awes
Really hard to say right now, but we might be very close to a bottom in the intermediate term. I'm still short though, won't cover until I'm sure the decline's done.
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