Today was one of these days where I woke up late. However, didn't beat myself up for missing a few setups and waited patiently. After scanning through some USD pairs and fundamental information, I could see that at the moment I was looking at AU for a potential entry, USD was weak AF.
Then looking at the 4H structure I could see that the bias was definitely...
Gold looks pretty undecited at the moment and each direction can be expected.Price has been forming HIGHER LOWS and LOWER HIGHS. Personally I am expecting a huge move on gold on the next couple weeks in the direction which market will take out either previous HL or LH. Trendline will come a handy tool to see price direction clearly. My personall bias on this pair...
Gold looks still very weak to break 1912 key level, it has to find the right liquidity needed to break thru that level. Mulitiple wicks on 1912. Trendline has been touched one more time and probablly will hold. On daily TF, not a single body candle has engulfed previous wicks. Personally expecting gold to push up through at least two previous Lower Highs and...
Lupin is trading sideways for a while, possible downside if breaks 416 the target is around 900 zone
multiple wicks can be seen on the downside .. resulting in exhaustion of demand zone (buyers ) break expected
breaks level of 416
target zone shown
Price at a major resistance 1742.91, we seen that resistance hold back against the bulls, price has shown some rejection and difficulty to break, from my analysis i see price being pushed back to previous support for price to gain momentum for a bull run.
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