We wait and see how gold trades today while taking note of the verified support/resistance we have above . A break above will mean that we are still bullish , a rejection will mean that we will be seeing gold trade a below to recapitalize (gain more sponsorship to be pushed up )
eurusd has been giving us a good bullish market . Prices want to be pushed up to clear upside liquidity , I am looking at the resistance points below for my entries after i see multiple rejections .
The institutional market flow for gold is still bearish , right now its retracing to capture more sponsorship to be push downwards .. seeing it fail to break resistance we give us more confirmation that we are still bearish .FOR entries lets wait for a turtle soup pattern to be formed no your support levels above
gold has a bullish momentum this week because of the many rejections below market price. A break above our previous support will give us more confirmation that we are still bullish and can be a good point to look for entries.
EURUSD is back to test the resistance below for a rejection to be pushed father upside.. lets watch and see what happens keeping to mind that we have fundamentals today .
gold shows us that it wants to push upwards to fill in the liquidity it left after failing to break resistance below, giving us a good bullish market .
higher time frame shows us that gold is in a bullish market wanting to fill liquidity which is lying above . we look for buy entries while keeping to mind that this coming week we are expecting a lot of fundamental which might work in our favor or parallel depends on the announcements .
We have seen EURUSD fail to break the resistance below for a while give us a bullish market in search for liquidity .Price action and high time frame showing us that EURUSD is bullish .This coming week we look at pullbacks (failure to break of resistance) and break above support zones for our entries . #take note that this week we have a lot of fundamentals coming...
eurusd has been in a down trend for a while (its been failing to make higher highs ) and is looking to clear liquidity below / break the the resistance below.
GOLD is in a bullish market wanting to fill liquidity above , the draw down on the H4 time frame is for GOLD to get more sponsorship for big institution/a pull back for a retest to our previous resistance for an expansion till liquidity is filled .
