I outlined my levels of importance which may be taken as supports and resistances (I will not dive deep into explaining what those are but you can Google if you do not know), the entry is at the last Fridays closing candle which is my retest & reject candle on my resistance. By the look of the trend on the higher timeframe Gold looks rather bearish not for long I...
GBPUSD is on a bearish market structure which we can see on the picture that it presented it's Lower Lows & Lower Highs. Price started to move sharply on the upside hitting the trendline resistance which confirmed a Lower High but not moving lower to create a Lower Low instead held its price near the trendline resistance. My overview of what might happen is we...