About meCaptial management and acquisition located in Houston TX.
My primary trading asset classes are as follows...
XAUUSD
GBPUSD
GBPAUD
Follow along to stay in tune with these pairs.
Yellow: monthly range
blue: weekly range
green: daily range
Looking at my typical rules US30 is still looking bullish even with everything going on in the world, crazy enough. Purely looking at this via technical and tuning out the rest. Pullback to the top of the daily range inbound and then long to follow.
Green: Daily range
blue: weekly range
yellow: monthly range
Based on my analysis and personal strategy, all time frames scream for more downside to come into play. I already made a great short trade on this early in the week, and I think more short opportunities are presenting themselves.
XAUUSD is preparing for another bullish run in my opinion... the safe haven for a lot of investors right now across the world. Cant rely on that though as we must follow technicals and stick to our trading rules. For my next gold trade setup i am waiting for a pullback to the hourly lower level before another bullish push. Got to be extra careful in the gold...
In this chart breakdown i have much more going on via looking at the higher timeframes. Cable is imminately falling off economically and the dollar holding true for the time being. I thin technically we should se a sell off on this pair very soon... here is my setup and trading plan for the upcoming play...