Major trend for this pair is still bearish. We can take another short position when price pullback to fibo cluster which is retest the previous structure. 2 targets and SL on the chart
gold retest support area at 61.8 level we can expect a bounce from this level m30 shows good setup
After a long uptrend, now price break EMA90 and make a lower low. But this is not the ending of the uptrend. price now retest the final support. price still have an opportunity to bounce and make a new high. But If break this support, price will confirm a downtrend.
Price complete cypher pattern and retest previous structure. take a sell for tren continuation
After long downtrend movement, price is trying to push up again. we can take another sell after price complete bearish gartley and retest the previous structure
price still in the sideways movement. we can expect another downside after price complete cypher pattern to take a short position
price touch horizontal support and Uptrend trendline. Price also complete Cypher pattern. This is good setup trend following. Entry Setup will be on the smaller TF
If price really have a deep pullback, i'll consider to take a short position. After previously price make a double top, for entry strategy we can use 2618 trade setup. 2 targets on chart, stop above the head
Price rejected at 61.8 this rejection is occur on SR Flip. We can consider to short this pair. Smaller TF
2 bearish patterns on this pair. we can take a short position based on these patterns.
look for another downside on pullback to 61.8 level. on this level price may complete bearish bat pattern and deep crab. Also retest the neckline. we can short on this zone
Price currently still in the downtrend. we can expect more downside. price break correction on rising wedge and retest. we can expect ABCD pattern for short target
Short position will be taken on complete Bat. complete Bat also on the structure retest which is a good area to take a short
Potential rebound on this pair after Complete Bat Pattern. This pattern will give us opportunity to go long. Entry strategy on smaller TF
will consider to sell on complete cypher. hope the previous structure resistant strong enough to hold the price. as in the bigger picture this pair still in the downtrend