Waiting the Price back to the defenses lines to load longs as the last defense line price at 1.5225 all the break out under this level considered to be short to reach the T1 Zone
If Price keept holding over the 1138 expect the price to reach the target one zone other than than if it holds under it will wait the price ti reach the Defenses lines to long the gold again only the break under the 1118 would take us more down
waiting price to break throw the defenses lines to identify the direction note:- we have a cross over on the Ma's this Cross could help and give the price a push to the upper targets
waiting price to break throw the defenses lines to identify the direction
Price has showed a nice Bounce from the Daily Down Trend Channel this Bounce has take the price inside the defenses lines wanting the break out now to identify the direction
Euro has showed a nice drop in the last day of the prev Cycle as now price closes under the defense lines we expect price to keep going down as the last defense for the Bears at 1.1370
GBP Formed a nice Supply right at target 1 zone from last week we expect this supply to hold and push price down we will keep on looking for long , but if price breaks the last defense line at 1.5275 we will reverse our trades to reach the Target 1 zone
price reached target one zone last week and closed right under it with few pips below this week Target zone is almost close for the euro to spike up and reach it this could be a reversal sign for the euro to correct the last up more the back longs again at the buy/sell levels and mid range with clear break of the last defence line for the bulls at 1.1210 we will...
Over all Look is still Bearish we will keep out trades on the short side as long as price is trading under the last defence for the bears at 1116 with a clear break for that level we will go in long for target 1 zone other than that we will short till the target zone one on the down side
New week cycle chart update :- will keep looking for longs over the 1122 to reace the sell levels at 1128 to 1136 with stop and reversal over that if price kees holiding under the 1136 level will keep on shorts
Euro New week cycle Targets Update :) will keep looking for long over the 1.1150 to the defence lines to short again with stop and reverse over the 1.1510
price reached the 1st target zone last week and keep holding around it the recommendation for this week is to buy lower on the bulls defiance's as the 1.5610 is the last defiance line breaking that level could take us down again to reach the targets at 1.5545 - 1.5515 Target Zone
Price reached all our Targets from last week there for now as price reached all targets as will as the symmetrical triangle on daily chart we expect price to make some correction before it back again up the last deffince line for the bears now is at 1.1150 under this level we expect price to keep droping to reach the 1st target zone at 1.0980-1.915
Price reached the Targets From last week and rached the top of the channel on daily chart this gives the chance for market correction if this correction extended to break the 1130 as last deffence line for the bulls gold may keep on drooping to reach the 1105 - 1093 Target Zone other than that target on the up side as shown
Waiting for Direction Confirmation as long as price holds over the 1113 level expect more move in the same direction only the break of 1106 will take it down for the 1090 -1073 Target Zone