My long term view for Gold creating a head and shoulders. before heading down long term. We'll see how this plays out. As always... PATIENCE - CONFIRMATION - ENTRY - PROFIT
After a week of a continual bullish move, gold looks to be finally slowing down with NFP news pushing it up to make a triple top. Now looking for a sell to the 61.8 Level, potentially to the 78.6 also if this current Resistance level holds. As always... PATIENCE - CONFIRMATION - ENTRY - PROFIT
We've reached a sell zone on the daily meeting the 78.6 fib level also the trend line being met. Waiting for signs of this to start rejecting away to sell this to the daily 61.8 fib buy level. If this doesn't happen then we'll have a break of trend, retest and then we're in for buy positions. As always.... PATIENCE - CONFIRMATION - ENTRY - PROFIT
Long term view on EURGBP as I expect all GBP based pairs to rise. On the weekly chart the trend was broken and never retested, possible retest with the 61.8 Fib level reaching the anticipated trend line. This trade ha began already