Although we have an engulfing candle on top of support on the 1HR chart that is not enough evidence for me to take a long trade here. I would like to see some more rejection at this support level with some strong bullish momentum breaking above the previous high.
We hit TP but now we are in no mans land. I would like to see a break below or above this range before taking another trade on this pair
Price seems to be exhausted in this supply zone. We should be headed back down to retest the low
Looking like structure is starting to get ugly. I expect a fall sometime soon
Gold continues to stay strong to no surprise. Gold has been literally just that Gold. Lets expect continuation to at least test this previous high
I would love to see a huge rejection sometime soon. This would be a great swing opportunity!
Looks like we're head back to test the lower zone. We are have a solid retest of resistance right now
Get in or get out. 2:1 Reward to risk ratio. I have posted 2 other recent ideas posting other analysis about this pair.
Waiting for some rejection and more clear bearish price action for a short.
You can keep a really tight stop loss under this trend line to have a 3:1 Reward to risk or higher. Lets see if the momentum can continue. The banks are loaded on Gold/Silver so I don't see price slowing down anytime soon.
I'd like to see some more exhaustion and another retest in this zone for a high r/r short opportunity.
We're approaching a key level here with the dollar. I'd like to see a break and retest short. The bearish momentum is strong
We all know the dollar is weak and what is going on with the corona virus. The Dollar has been getting stomped. I'm looking for some continuation long here.
I'd like to see a retest of this support after it breaks out and a bullish momentum candle and we have another nice long set up. This is also a minor support level that happens to be right above this box.
Looking for a break of the trend line as well as a key level of support. Also would like to see a rejection making it a new resistance with a bearish momentum candle.
Looking for a short in this area. I would like to see a strong bearish candle to validate my entry
Looks like it may break through this key level of support with no problem. I'll be looking for a retest to take a short opportunity.