atlas1857

atlas1857

Do you see what I see?.. Looks like xauusd is in its 3rd cycle completing the 4/5 year.. Each Jan gold sells off, 2013-2015 selling off the most. I am looking to expect 2023 to follow the same trend as 2013-2015 creating that downtrend cycle before finding support on the trendline that goes back to March 2006.. Gold will create some kind of support before Jan....

atlas1857

Bearish momentum Setting in on higher time frames. Currently in a range on the Daily time frame -At monthly broken support now resistance -Top wicks at resistance -No major support has been tapped into. Looking for further downside. Trade deal with China is "close" to be finalized.. If we break above 1478 with possible further upside to 1600 - 1500 Target If we...

atlas1857

Currently struggling to close above 1500 every other week for the past 5 weeks. Looking for a weekly close of <1483 with news Weds. & Thurs. (Retail, Oil Inventories, & PFMI). Should price not close below 1483 or news be positive & cause negative pressure on gold, I will be looking for price to test the 1500 price level once more.

atlas1857

Weekly + Daily Bearish momo + candles... Lets see

atlas1857

... Bullish Trend ... Exhaustion at 112.000 previous highs... lets see

atlas1857 Updated 

Hit all time highs 2900 - rolling into selling pressure with sharp declines. Expecting the rally to continue into recent highs with more selling pressure pushing price back into the range with downside opportunity. Watching for short opportunities above ~2850 if price continues to be rejected at resistance.

atlas1857 Updated 

Sellers look to be in control. Gaps are near and am looking for one to be filled to the downside. Awaiting price action on the 4hr candle and where the daily closes today $FB closes.

atlas1857

Daily candle pushing higher. Awaiting confirmation. Broke waiting for retest and hold to continue momentum higher.