glazinghon

glazinghon

Potential opportunity to go long. ICEUS:DXY is also at resistance. If DXY stays under trend, will be expecting EURUSD to bounce from here.

glazinghon

Potential opportunity to go long at this area. This could be a breakout and re-test scenario playing out with first target at 1.138. Asian session has been continuing the sell off of the dollar from US session after data printed last week. ---------- Personally am expecting the same thing to be happening again, Asian session to continue from US session...

glazinghon Updated 

Taking a short position from DAILY resistance, top of the channel trendline. With SL above the trendline and target at .618 Fib Extension. On top of this, is the oversold DXY. Will be expecting some retracement from DXY before seeing it move down further.

glazinghon Updated 

Taking a short position at 1957.75 with position as shown. Could see this going back down to 1940s zone as DXY seems oversold, expecting some retracement on DXY which might result in the following scenarios to breakout. Ideally, I am expecting scenario 3 to playout. From there, I might look at opportunities to go long.

glazinghon Updated 

We're within an hour from the CPI print, these are the levels I am expecting prices to pivot when prices become very volatile. R1 at 1941 R2 at 1945.7 R3 at 1953.1 S1 at 1931.1 S2 at 1926.54 S3 at 1923.7 ------

glazinghon Updated 

Potential short opportunity, breakout and retest trendline. Will keep a close watch on this, alongside the 0.5 Fib retracement.

glazinghon Updated 

If DXY finds support at current price, will be expecting XAUUSD to respect the trendline and stay within channel. SL above HTF trendline ( Green Dash Line ) and TP at upper LTF trendline. ----- Will be looking to add position if price touches green dash line.

glazinghon Updated 

For the upcoming week for GOLD, these are the levels I will be looking at. Looking to see if price will bounce from here and retest the upper HTF trendline or if it will come back down to meet the lower HTF trendline. Personally feel that the former scenario is most likely to play out considering the USDX has broken support but we shall see how it plays out....

glazinghon Updated 

Price has been moving in a downtrend, expecting price to respect the 4H trendline.

glazinghon Updated 

Potential long opportunity, market looks oversold despite the good news coming from the US.

glazinghon Updated 

Expecting prices to respect trendline with target at 1.27 for the short term. Note that USDX is currently on a trendline and might find support, in which case GBPUSD could find itself going lower.

glazinghon Updated 

Breakout and retest. Expecting price to find support at 1921 and go sideways within channel until NFP on Friday. First target @ 1921 SL @ 1933

glazinghon

Price broke out of trendline and came back to retest , good position for a short with good R/R First target @ 1.2365

glazinghon

Gold came down to retest and bounced off trendline. Expecting prices to go back up to 2011, before retracement.

glazinghon Updated 

Expecting price to retrace back to .38 Fibo and range till NFP. Will be looking for a buy @ 2,011.

glazinghon

Yesterday spike up feels over-extended, price might touch 2041 if there is another impulse wave up. Personally feel this will stay in channel until NFP on Friday.

glazinghon

Price bounced off LTF Trendline and retested resistance but fail to breakthrough. Price could potentially retrace back to HTF Trendline. Currently sentiment : Bearish 1st target @ 27,800, 2nd target @ 27,200

glazinghon

Trendline held and prices bounced off. New target @ 29,700 if prices push through resistance at 28,350. If prices fail to push through resistance, i would be looking for the price to fall back to 25,800. Current Sentiment : Bullish