kate25

Momentum is down however price is sitting in layered demand - If demand holds then the levels above price will be tested if demand falls then price will go down further

Seems there was consolidation below price - demand - not too much supply above. Fast moving bars/price down tend to be recovered same as upside. Im tending to be long here.

Price is in layered supply of supply falls then it will turn to demand and price will move higher. The tendency with these fast moving bars up is for price to try and reclaim them - I would expect price to retrace down from here. If we see price is in supply then that is how it needs to be approached till it proves it can turn supply to demand

Price is in between levels in a minor uptrend - Supply above has been hit multiple times and demand below a couple times - both zones are weakened. I suspect FOMC on wed will send price to the lower demand areas even if price does rise further into the structure

Price is at demand if demand is lost and price trades below it - demand will turn to supply

Price is in supply however the bar support remains intact. Price cannot switch momentum till it closes below the nearest up bar and breaks the base for this leg up. Targets below. If price closes above supply then our supply will turn to demand and price will advance higher.

Price has had many false starts to the upside - we will see if price can hold this level at the bottom - Price is in demand - supply targets above

If the immediate supply above price folds then price will form support there and move higher, however price is breaking demand so I expect that the demand below price will fail and price will move lower

Price is capped till the guard comes down and if price is released then we are dealing right away with support turned resist. However if price gets through those two then the pattern should complete fairly quickly

Price in supply to go lower price will need to break bar demand - break above supply sends price higher

Chart is still bullish - even if we break bar demand, it will be to retrace

This chart is still a bear - for that demand even to hold price will need to start making a higher high on the daily, 8hr, or 4hr - not only make a higher high but close higher. If it can do that, the targets above would be seen as retracements till price proves this bottom will hold.

I would not be a fan of holding if price breaks the last low. Price needs to break daily high to move up.

Price has visited this level several times - weakening it. Supply is above which I suspect will hold. If supply does not hold then it will be demand for next leg up once crossed.

This has always bothered me news blips. Weakened USD suggests further moves up on gold and it very well might, however it did not show the USD chart. Im alittle curious how this plays out.

Price is at the first of two main lower levels. Swing highs/lows are still falling. Expectation is for price to keep moving down. If price makes a higher swing high then price action will start to move up. I would expect price to visit the bottom target demand.

It appears price will close lower today turning the support to resist - to hit the targets below resist needs to hold. Until the swing low is broken below the target this can only be considered a retrace. Price should retest the support turned resist.

Price is in demand again - every return to demand will weaken the level. Resist is above price. Retracement down continues with targets below.