Gold may pullback and continue with its Bearish Move. Be mindful that if it reaches the top of the consolidation zone it may play in the consolidation range on the chart.... May have another possible entry for short at the top of the consolidation....
With the close of the Week Gold has presented with a H&S. R Shoulder as a consolidation to the highs of the shoulder. 2 Coarses of Action: A. Break to the upside, and continue with the Bullish move. Looking for a break and re-test of previous structure B. Continue with Consolidation and play the Consolidation to the downside with a TP at the Lows of the...
Looking for reversal on the bias of respecting TL. If Break of TL, will start looking at a Bullish Bais
Looking to be bullish and re-evaluate around 2.0342 Resistance level.
...... waiting to see Monday’s Open and Close...
Break Uptrend and not break Daily Resistance, Short after break of previous support zone.
Waiting for breakout re-test to downside and Short Gold from Previous Resistance....
USDCAD: waiting to see break and retest of channel to the upside. Break of structure and re-test support at .9452