Hi traders here is my idea about gold with 4h chart it is looking good for long because it broke out big Resistance then pulled back Trend line Resistance then going up it is hitting Fibo level 50% if it will break out this level next target would be 12040
Hi traders Here is happening on gold it hit Fibonacci level 50% (about 1220) if it will break out this level next target is 61.8 (1240) but before touch this level there is some Resistance MA(50) and MA(20) cross about 1230 i am looking long if it will pullback decline by Fibonacci level 50% it could be 1210-1213 if not i ll get long 1224 then target would be 1240
Hi Traders! Here is my view on Crude oil i am looking buy with target 55-56 but it could retest weekly trend line and Pitchfork's bottom lines' cross there is also Fibonacci level 76.4 it is about 49.50-50 before hit target 55-56.
Hey Traders, S&P 500 is creating Bearish Gartley Pattern with many lines cross each others which are Daily trend line and Fibonacci fan's 61.8% so it could be potential bearish sign for me. I am looking a point for shorting it could be about 2110.