Hi Guys, I had a terrible analyse on gold last time and now find courage to look at it again.My last call had a stop loss around 1210 and thanks god we didn't reach there yet and we are still in play. As you see i draw Support/Resistance level in this chart for you plus 2 bullish wedge.I can illustrate 2 possible scenario for gold but as you know lot fundamental...
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The USDCHF rebounded from 0.97400 as it's a key support from last week after pulling back to it. Today short-term seems to be short opportunity to me. However, today's data is uninspiring with the only highlights being Swiss CPI. We expected there's nothing change in CHF but We have to keep an eye on CHF!
GBPUSD is and uptrend as we can see on a bigger time frame . But in a short-term we're looking for sell opportunity. We see previous Price rejected at 1.36200 and heading down. So short-term sell opportunity seems to be possible.
It is necessary to point out the new resistance level 1291.60 - 1294.20, which contains large volume that has stopped the growth of the price. Now gold is trading a little bit below this mark. Given the sure growth we should give preference to long positions, but only after a breakout of this fresh level. The move should be sharp and supported by increased/large...
XAUUSD 1H Cypher Pattern for Sell Set up 1284 has shown good resistant and now price can't break above . It's good to Sell SL Above X point Target 1 @ 1275 Target 2 @ 1268