kenzowen

kenzowen

Price has tapped into a former resistance zone on the daily timeframe, we have a nice wick to fill. Next to that we know gold is on a bullish rally, based on these reasons I took a buy with my stop under the 4h bullish candle. Shooting for a 1:1

kenzowen

Price breached through our daily consolidation zone on the daily TF and closed as a strong bearish candle, this indicates that we could potentially go up again. On the 4h TF there was a liquidity grab into the consolidation zone, I see us moving all the way up until 1746.3 which is a 1:2

kenzowen Updated 

We are on a bullish run with gold and we created a support zone on the 4 hour timeframe between 1713.5 and 1716. We can easily grab a 1:2 trade on this pair, thus until the 1741 area. The only area of interest that needs to be broken is around 1725 we have a strong resistance area at that level

kenzowen Updated 

There was a clear bullish run on GCAD which needed to pullback a little, we have dipped in a support zone at around 1.72200 and we can place a 1:1 order based on the daily timeframe. I expect that we can go all the way up until at least 1.77800