#Gold: Sitting at the bottom of the wedge is a good place for a long. Will wait for price to give a signal before diving in. Stop will be placed below the last low with a nice long target aiming for the top of the wedge.
#EURUSD: Price broke through the 1.2175 zone decisively turning the supply zone into a level of demand. A test of it is expected & price should bounce higher towards the 1.2350 level where sellers are lined up.
#NaturalGas: Conflicting bias between the different TFs may have price moving sideways. The 4hr & weekly are bullish while the daily is bearish, so the preferred bias is bullish especially since the price pattern on the weekly is suggesting a bullish move to come. The $2.73 level has many stops below and a break of that level will give the bears the strength to...
#Oil: Price is expected to drop before the next rally. $58.50 being the point of invalidation with a target of $64.75.
Should the bears manage to sustainable break the $58.50 level, price can drop further to $54 where demand seems to be growing.
#Gold: A sell signal on the 1hr chart is suggesting price may drop a little giving bulls a better entry point. The daily trend is bullish so the deeper this drop the better the long entry. Will wait for a buy signal to enter long
#USDCAD: Price is constantly making new lows within the falling wedge. Expectations are for price to go further down. For now rallies should be used to get into shorts with a target of 1.2525. A close above 1.2760 will negate the bearish bias
#Gold: Could see some range trading with price bouncing to test the supply zones @ 1830 / 1847 before turning back down to test the demand level 1810. A sustained break of 1810 is needed to take price to the 1795/1785