alicanuz

alicanuz

The retest of the bullish trendline is completed and know the price is pushing down. Price has retraced a little bit from the minor support zone but I expect the bearish move to continue until the major support area which is the 0,76 zone where you should take profit.

alicanuz

Gold prices have made a big fall and after that, we saw the prices retrace back strong but couldn't get past the bullish trendline and the trendline acted as resistance again like in the past. I believe price has retraced to the 0.5 fibo retracement level and now will continue eighter to the -0.27 or -0.618 level and these levels can be our take profit.

alicanuz

As price came to a minor resistance zone sellers came in strong and pushed the price down. The retracement move might be over and I would recommend selling with the target at the next major support zone which is 1.35.

alicanuz

The bullish move of EURO may continue as there is a new bullish channel starting to shape up and it cant be passed. The take profit will be the 1.20 resistance zone.

alicanuz

The long bullish trend line has been broken but not yet re-tested. A long position can be opened with 0.78 being the primary target but the retracement levels have to be kept in mind if there are buyers strong on those prices trade must be closed.

alicanuz

Pound has retraced to almost 0.786 level that is in the support zone and now can push back up to its target which is around 1.37500 zone. The -0.27 extension can also be the take profit level.

alicanuz

Gold has touched a critical support zone (1800) and now looks like it is going to push up. The bullish trend line and fibo retracement level 0.5 must be take profit at the first glance.

alicanuz

GBP staying strong against USD now will push forward for the minor resistance area. Target is 1.37500.

alicanuz

An attempt to break the bullish channel unsuccessful, time to buy with a target at the next major resistance area (1.78).

alicanuz

Gold had a crazy end day, the bullish trendline has been broken, and actually, if you follow in the chart the 8 EMA has been tested several times and couldn't be passed so that was a signal the sellers were powerful. Now we are back in the bearish channel and the buyers came in from the trend line and the bearish line acted as support. I expect the prices to move...

alicanuz

Prices have come to the major area (1900) after a big fall, it is a good opportunity to buy as the bullish trend line and support area is together in this area. Take profit target is 2000 which is the next major resistance area.

alicanuz

As you can see from the chart, there is a nice Fibonacci lined up as the prices dropped down to the 0.76500, which is the 0.5 extension level, buyers came in and prices went up to the minor resistance-support area where you can enter your trade as a buyer if you missed the fibo levels. Take profit is the key level 0.78 which is a major resistance area and also the...

alicanuz

Prices come to retest the major support (1.2250) area and also the bullish trend line is retested and the price bounces off the area and trendline together, we can also see the trendline is passing the resistance area possibility is there can be a long run towards 1.25 the next major resistance area and that may be our next take profit target.

alicanuz

As mentioned in my previous analysis GOLD is trying to follow a new bullish trend line and now trying to pass the strong bearish trend line and also the major resistance area of 1900. As if know the bearish trend line seems to be broken and retested so I would consider opening a long position keeping my stop-loss beneath the bullish trendline and take profit at...

alicanuz

As euro retests the major support area (1.22500) this must be a new long opening option take profit at the next level which is 1.24 flat and stop-loss a little far away around 1.22250 beneath the bullish trend line.

alicanuz

As the price reaches the bullish trendline sellers start to push which is a sign that this trendline can act as resistance again. Keeping the stop loss close, 1.35 the major support area can be the target for taking profit unless a break of structure.

alicanuz

1.22500 a major resistance level has been passed and retested, it is an opportunity for a buy option with a target of 1.23250.

alicanuz

Gold has reached a level where the price cannot decide whether it should follow the bullish or bearish trend. My idea is, it will get out of the big bearish move and continue with the bullish movement but still, it can be a risky position, keeping your stop loss close should be your strategy before opening a long position. You can eider take profit at major...