Gold still looking bullish taking a breath hitting some previous resistance now becoming support at 2007 range. Fib showing 61.8 possible rejection looking for one more confluence double bottom unless makes a strong up movement. Tp 2026 sl 2001
Gold is currently finishing the 2nd shoulder need a nice clean strong bullish candle to clear neckline. tp1 2018 tp2 2039 sl1993.50. closing below 1984 would create new lower low causing bear takeover.
gold currently retraced back to a heavy support zone. highly potential upside as long as the support holds looking for another confirmation possible double bottom on lower time frame 30m-5m. tp1 2034 tp2 2052 sl 1998
****enter at your own risk****
The pattern has not been completed yet but didnt have enough mometum to close through the quarter point and there was a reversal pattern formed before just waiting for that buy. you can set up your own tp's just keep your eyes out for that formation.
USDJPY hitting strong support should hold from previous on the 4H pattern formed should go long have the TP's on there so be on the lookout for that strong takeoff! They are clear indicating on the MACD and the STOCH just waiting for that confirmation.
Looking so far as a great setup for a buy but still be ready for a break out sell falling to 1.20 still looking for some more momentum. have some take profits for short term or even go long if we see break out through 1.25. If there is no break out past the 1.25 get ready for a long sell! Daily MACD is showing a hard sell. Though we could snag some profits here for a buy
