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Goldforcast

XAUUSD Bouncing back to 3450?3380.27, 3383.94 and 3386.08 three daily consecutively candlestick patter with continuted series of higher low formed the daily support. Previous daily candle just closed at support with an ATR of 1.1ATR, which is quite large in the opposite direction of the major trend while the price is trading above 10ema in the daily. In 4h there is also 3 ATR ( overall) bearish move is spotted giving a high probability for this market to bounce back to the daily resistance to the major direction of the trend. We have a buy position at this level and will keep you posted for more updates!
FOREXCOM:XAUUSDLong
by ForexWizard01
GOLD MAY ROLL OVER. PREPARE TO SELL!Monthly: Just made new all time highs. The August candle closed within the range of the July candle's trading rang. As retracement is naturally expected when swing highs are swept, a pullback is expected. Weekly: Failed to make a new high after the previous candle established a new ATH. Daily: Price struggled to move higher for 10 days. Friday's candle established a new low of the week. SSL target points at the recent swing lows. It's time for a pullback, imo. Not a reversal. I can see a retracement to the Weekly +FVG highlighted in the video. Thanks for watching. If you like the video, leave a LIKE and subscribe. May profits be upon you.
COMEX:GC1!Short
by RT_Money
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