nexuz

nexuz Updated 

Lets assume Gold can continue the uptrend here are my possible Target Areas for the next couple of Weeks. 1. First Daily Cycle from possible ICL (1122 to 1220) That first upmove lasted for around 22 days and reversed with a double Top down into a half DCL that only took 4 days. We bounced at Fibo 38.2 (1182) and this opend up target area -38.2 (1257). Marked by...

nexuz

Interesting possible pattern corelation between DXY and Gold Gold = Candles DXY = Blue Line Gold printed a big Cup&Handle pattern with a neckline at around 1230. Also DXY printed a huge Head&Shoulders pattern with a neck at around 99.25 If DXY manages to print the right shoulder (upwards move till around 102) this could send Gold down to around 1205ish...

nexuz

actual movements 2016 see charts for comments

nexuz

ABCD Pattern on daily RSI and Stoch looking good for that setup - lets see what daily close we will get today. maybe Draghis speech will bring the answer

nexuz Updated 

Bearish Divergence forming at H1 - expecting to hit 50.80 maybe spiking to 51. after that finaly pullback to around 44/45 EIA Data today may support that idea

nexuz

After the "Yellen" drop friday evening we hitted the 1207 support level and bounced back quite nicely. the divergences in the RSI and stochastic indicators are getting realy huge now so i guess its finaly time for a pullback before we go deeper. Levels of pullback could be: around 1237 = .382 Fibo around 1246 = .5 Fibo Fibo levels are based on the last...

nexuz

got in both timeframes divergences - the one in h4 is rly nice too see guess we finaly bottomed and its time for a pullback. Target at around 1235/1240 should be reached at least Main direction remains short

nexuz

Bearish Divergence on H1 - RSI @ Overbought in H1/H4 Downtrendline Resistance right in front Trying to short with small stop (10305) Target EMA50 (10159)

nexuz

possible bullflag that could support a retracement to around 1240/1250 main direction is still short

nexuz Updated 

Would be the first touch of EMA20 since about 15 days. EMA20 is currently floating around 43.15 below that we got a tight support area only a break of 42.50 would deliver further downside in my opinion.

nexuz

Possible Bullflag before NFP

nexuz

Fibo .50 retracement from last up move 20 EMA in H4 Stochastic and MACD looks like crossing also Entry 40.85 Tight Stop 40.65

nexuz

Trade: Short 1241 S/L: 1245 Target: 1217 maybe lower R/R: around 6 Price Action setup due to RSI Trendline and upper resistance level (1243) Seems like a good spot to me

nexuz

Possible Wedge formation on the horizon in H1/H4

nexuz

Test of 200EMA as support / downtrend line Last low wasnt harmed yet Looking for supportive candle

nexuz

Since Oil bottomed (26$) we rallied up to nearly 42$ without any significant pullback (no lower lows). When u check my chart you will see the following: D1 Levels: Fibo .382 @ 35.80 (Retracement since last rally) 50EMA @ 36.09 (imho strong) Resistance @ 36.00 we are still way above the lower trendline (pink) so we are still in an uptrend Indicators: RSI...

nexuz Updated 

Possible Rising Wedge in 4H PRO: Resistance 200 EMA at 41.97 MACD in H4 with crossing lines Resistance Level at 42 CONS: strong up movement after the roll over Im an amateur so im thankful for every helpful hints