Bullish flag or pennant on every timeframe, major coiling with a series of higher lows and lower highs but zero lower lows. Plus price is in fibonacci golden zone. You have to be psycho to sell. There’s too much fear of losing for there to be a dump so dramatic. Wake up! 30k is the new 10k. We will never go go back. In a day or two the losses for wishful hopeful...
This upcoming week we should be expecting some pullback with DOW JONES. "Ten record highs" pattern is coming into play here on the 1H TF. Longs should be looking to close half or all their positions if held over the weekend. If not a heavy pullback, there will be something slight. I am expecting a pullback to the key level 24.900. Either way we need to maximize...
This upcoming week i will be watching for these key levels to be tested, consolidated or broken through. XAU/USD has been on a bull run for a good while now. We may experience some pullback to 1740 area before shooting up. This week should end with a new weekly high of around 1860-1900. We shall see. Happy trading and please leave feedback!
- Shayn
For next week i'm looking for testing and consolidation at key levels, 107.090 then 106.770 and stopping around 106.300-240.
Weekly target is 106.300. Looks bearish.
Please leave feedback. Happy trading!
