Price broke out of downward sloping channel and reached the 1.618 level. Watching for a potential retracement.
Price broke through upper trend line on favourable earnings results. Am watching for a potential retracement.
Price on support. RSI turning up. Potential retest of upper trend line around 1284.
Price between support and resistance but above the sloping trendline so am holding my long and watching for a potential break and test of resistance around 1.4000.
Gold appears to have found support however am watching for either a break of sloping trend line or a potential retest of resistance around 1285.
Price so far rejected at sloping trend line with potential for a retest of support around 20570.
Price rejected at upper sloping trend line and now beneath resistance. Potential short to retest support around 109.10.
Price currently at resistance with potential for short and retest of lower weekly trend line.
Price is at resistance. Am watching for a potential break and continued long towards .7250.
Am watching for a test of sloping trend line and potential break to test support around 104.20
Possible pull back to trend line or consolidation before potential break of upper sloping trend line.
Price bouncing off support. Am watching for a potential break and test of next support around 20400
Price at support. Watching for a potential break and continuation towards lower sloping trend line around the .618 retracement level.
Am watching for some consolidation and potential break of the sloping trend line.
Price slowly descending. Am watching for retest of support around 110.00.
Price currently at support. Am watching for a potential long and test of upper sloping trend line.
Price at support. Am watching for a continuation up to test upper sloping trend line.
Price has been rejected by resistance and am anticipating a potential short to test lower sloping trend line of current channel.