Delast2

Delast2

GBPAUD 1D

Delast2

Gold/Usd current trading state.

Delast2

CADJPY currently trading the fallen wedge pattern on the daily and 4hr time frames. Good luck and play safe.

Delast2

GC. Awaiting next peak or valley for trend confirmation. Given the new price structure that materialized with the late February/early March selloff, it seems gold may be headed for the 1260 area. Just keep in mind that it’s going to take a daily close below 1280 to expose that 1260 region. Until then, expect buyers to defend 1280 on any retests this week.

Delast2 Updated 

EURUSD is in a down trend and chart shows drop is not done yet. 1D time frame shows one last push down to the lower trend line.