OANDA: XAUUSD. The trend appears to be bullish, but there is a minor resistance system in its way. It's recommended to wait for the price to react to the trend line. If the price reacts as expected, the next significant resistance would be an excellent opportunity to take a short scalp position.
remember the trend is leading to higher peaks.
we know what this pattern shows and looks primed for a lil lift off has had a fakeout on both sides but came back to its zone holding for a pop to the upside when ...................????????????????????????? draw up some fibs an measure it out get ur best guess
Decided to do some TA since I'm bored. I'm just taking a pure guess lol. But I think Gold is going down!
I drew some support & resistance levels. That resistance level is a very strong one since its supported by 2 peaks.
I believe there's a very high chance that the support level will be broken since gold is currently below the 200 period moving average.
50%...
Remember when we thought BTC was on the rebound? Simpler times! We were so young and innocent! With dreams!
Yes, I am aware I called a Bart and it didn't happen, then said we were probably clear of the bart, just to have a mini bart happen. I can practically taste the irony. But hey I was right... eventually :\
Now to the topic at hand, on the daily chart,...
