abraham1298

abraham1298 Updated 

Zone keeps being rejected with bearish candle formation.

abraham1298 Updated 

Price has reached the and we have a very strong candle formation indicating Bear move. Fib Retracement from previous LH shows that this area hits exactly on the 50% retracement zone.

abraham1298 Updated 

Strong resistance zone has been reached. It was pierced by a huge wick indicating Bearish momentum, price has not close above the resistance and keeps rejecting.

abraham1298

Scalping chance right now. Support broke and price has come back to retest. All candles indicate bearish movement in the future.

abraham1298

Support has been tested twice before without a higher high. Strong wicks pointing to a bull move. For a safe trade enter at 1.58227, if not enter on current. Either way a bullish move is most likely to happen.

abraham1298 Updated 

Daily Support has been touched and candle has reached 50% of previous wick, decreasing the risk for our trade. Support is strong and we have a nice candle formation indicating bull movement. Bolinger Bands and Stoch are also on our favor.

abraham1298 Updated 

No higher highs have been reached in 10 days, every wick indicates a sell. We will just have to wait for he cone to get tighter until it explodes (potentially) downwards. Weekly candles are very inclined towards a Bearish move as well, I think we are safe to swing gold fora bout a week

abraham1298 Updated 

This is the retest zone, the 4H candle formed a beautiful Bull candle indicating a BUY. I advice you wait and get a nice bull doji just to be sure, but if you wish to jump in right now i think is a good time to.

abraham1298 Updated 

Witing for a signal on this area to sell. Support seems to become the new resistance. Price may stay in this area for a while before a big downward move.

abraham1298 Updated 

Price currently touching a previous support zone. After breaking it as a resistance it has now retested and closed the 4H with a bullish doji candle, giving the buy signal. Along with the help of both Bolinger Bands and STOCH Indicator.

abraham1298 Updated 

Trend line has been touched and RSI supports a Bull move, also price is at 50% fib retracement zone.

abraham1298 Updated 

Support becomes resistance, hoping so see a nice wick on the 4H before entering but this is the zone I am aiming to sell at.

abraham1298 Updated 

String bull patter in a support zone, also we have BB and RSI to support the decision. Maybe a bit late we can still catch some pips.

abraham1298 Updated 

Price closed below the support and 50 EMA and retested on small time frame.

abraham1298 Updated 

This technical analysis shows that Gold can reverse during 2019. This price range that gold is entering can be a key level for a huge drop. If it is not respected it will rise all the way to 1360 area. We would just need some candle indication to assure that gold will start a Bearish rally.

abraham1298 Updated 

Last candle reached 50% of the previous wick at resistance, we can do a conservative short only risking 30 pips. If price happens to break resistance we can wait for retest and buy.

abraham1298 Updated 

Strong buying area with all indicators pointing at a bullish move and price action aswell. SL 0.70102 TP 0.71400

abraham1298

Trend line and MA 21 have been touched and a reversal movement has commenced. SL 74.652 TP 72.838