xauusd
Short opportunity - Break from previous high to form a short position. 5 point SL 300 + points TP
CPI data released proving interest rates to begin to drop. Gold will become less valuable and in turn reduce in price. Longer term aim.
Attempted breakout from previous LL to create a HH and Head and Shoulders forming.
Good Luck
SBCAPITAL
How will xauusd - gold react to last weeks move to the downside.
An excellent opportunity if this continues too short, key levels are visible and potential two opportunities too short.
We have a close eye on these opportunities with two TP in place if this continues.
This is a personal forecast and not a trading signal
SBCapital
This is a personal forecast - This is not a signal
Fibonacci structure using trendline to forecast a potential bounce long to the 23.6% mark on the Fibonacci structure.
SB Capital
Daily Timeframe Fibonacci
Confirmation from the 100% on the Fibonacci. Forecast for a movement short to previous consolidation.
This is a personal forecast and not a trading signal.
SBCapital
Daily Timeframe Fibonacci
Awaiting confirmation from the 100% on the Fibonacci. Forecast for a movement short and hit 38.2%
This is a personal forecast and not a trading signal
SBCapital
1hr Timeframe Fibonacci
Awaiting confirmation from the 100% on the Fibonacci. Forecast for a movement short and hit 38.2%
SBCapital1 on Socials
This is not a signal - Just a personal forecast.
