Impulse correction impulse.
Possible sell opportunity on Nasdaq because of bear trend
Will track in few days and keep updated.
Seems a nice and possible profitable short into palladium
my humble view of Gold
Still holding the position from 1870
Downtrend since 2007
hey buddy! ? possible short?
Possible Support Re-test
possible resistance retest
since near crash
Possible short opportunity
Short opportunity with longterm downtrend
Possible Sell opportunity with another possible H&S.
KEEP ANALYSIS SIMPLE
Possible important region re-test, then the continuation of the long buy trend line .
Just sharing to see how it will go then I can come back in a few weeks or months.
What we can see is a bit of a cool but risk opportunity to test the floor of the ~ 1.05 resistance.
If refused.... Well well, we have a GREAT head and shoulders coming up on the monthly chart
Into a 4h/daily/weekly perspective we are possible about to experience a resistance Re-test at ~ 1860.
If it refuses, can be either a nice short/sell opportunity until 1760.