On the H1 timeframe gold has rejected to break below support which has been holding price… On the 30 minutes timeframe we have a descending trend-line which has been acting as diagonal resistance.. if price breaks the trend-line i expect to buy gold as we follow the rejection of the H1 timeframe and the break of trend-line..
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Gold is approaching the hourly resistance which has been a strong level on intraday timeframes… We expect gold to reject resistance since on the lower timeframes we have been having a short term down trend.. Selling positions will be placed with our targets on last support with R/R of 1 : 3
Cable has been bullish since last week. I expect price to continue going up after a short pullback. Price is expected to touch resistance and then we wait for a break or rejection.
The Pound Dollar is in a side ways market after a bullish trend. Price rejected support therefore we expected short term buys and wait for a break of the 4 hour resistance level to hold our buys
