peterbokma

peterbokma

The pair is still negative, and we may see lowers levels. The stochastic is low and suggesting some downward pressure, and recovery after. RSI is extremely oversold. Strategy BUY 141.90-142.20 and take profit near 144.00. SL based on your own risk appetite of course.

peterbokma

The pair reached the near profit objective on the buy strategy, and now its negative territory based on heikin Ashi, almost negative SMI and AO and BB trend show potential lower levels to be seen. Strategy SELL @ 17.8000-17.8450 and place profit somewhere @ 17.5850 for now. SL based on your own risk appetite and leveraging of course.

peterbokma

The pair seems to be driven upwards after we broke GANN resistance, and stochastic are positive and AO shows we have buying pressures as well. i think this may last up to 18.0500 area. Strategy BUY @ 17.8150-18.8575 and take profit @ 18.0350 for now. SL based on your risk appetite.

peterbokma

The pair is way overbought, and a move below 1.3000 is expected short-term. Strategy SELL @ 1.3200-1.3250 and take profit near 1.3000 or lower. SL based on risk appetite.

peterbokma

Most indicators are suggesting we will move higher again short-term, and a test of 18.9100 seems possible. Strategy BUY @ 17.7000-17.7500 and take profit @ 18.8950 and SL below 17.6500 for now.

peterbokma

The pair is very overbought, and I feel we may see move back below 1.3000 again short term. Strategy SELL @ 1.3190-1.3240 and take profit @ 1.3007 for now. SL let's say 1% of your capital investment, or your own risk parameters.

peterbokma

We have corrected as expected, and then it fell sharply. The stochastic is turning negative and other indicators show negative conditions, therefore we are in a SELL mode now. Strategy SELL @ 17.75-17.80 area, and take profit @ 17.4850 for now. SL based on your individual risk parameters.

peterbokma

We have some minor positive reaction on Heikin Ashi, positive stochastic and oversold RSI (not shown). the AO shows upside potential, albeit we are below zero line. strategy BUY @ 18.7500-18.7950 and place profit order @ 18.0150 for now. SLK based on risk appetite.

peterbokma

The pair continues southward, and this was aided by increase of GOLD price. There is no confirmation as yet for the correction to set-in, but nevertheless, we are oversold quite extreme, and as always it is difficult to select the BUY entry levels. I felt much earlier to try, but keeping SL in place all the time. For now strategy no change and BUY @...

peterbokma

Overall have no change of view. Even though lower, the indicators still suggest we should see higher grounds for corrective reasons. RSI is oversold and a very flat stochastic as well. Strategy BUY @ 17.9650-18.0250 and take profit near 18.1950 and SL based on risk appetite.

peterbokma

The pair is under pressure and I suspect we may see low 10.50s again. It is not very oversold as yet, and daily AO is negative, and so is the 2-hourly. Strategy SELL @ 10.6500-10.7000 and take profit @ 10.5350 for now. SL based on your risk appetite.

peterbokma

We got some positive signs now first time, and this provides still the same view, albeit difficult to access were we should see the BUYING side. Strategy BUY @ 18.0600-18.0900 and taker profit near 18.2950. SL based on risk appetite.

peterbokma

The daily chart dominates, as noted yesterday that there was downside potential. Now we have moved beyond the suggested buy levels yesterday, but nothing has changed. we are oversold, and low stochastic levels, and the chance GOLD may retreat, poses upside risks. The Heikin Ashi is not confirming yet a turnaround as a note. Strategy BUY @ 18.0850-18.1200 and...

peterbokma

It feels we may have higher grounds to cover. The stochastic is positive and so is AO. There is room until $ 3,000 area I feel. Strategy BUY @ $ 2,650-2,675 and take profit @ $ 2,950 for now. SL as per risk appetite.

peterbokma

It feels we may be topping out, and if we remain stagnant for coming sessions, a decline is possible. It is not confirmed, but a flattening stochastic and high up, suggest we may see this movement lower. Strategy SELL @ $ 2,460-2,490 and take profit @ $ 2,395 and SL let's say above 2,500 for now.

peterbokma

The daily chart shows more downside potential, but based on 4-hourly, we see a chance of move higher whilst we have firm GOLD price. I would treat this carefully of course. The stochastic is positive. Strategy BUY @ 18.1750-18.2150 and take profit @ 18.3950 for now. SL as per risk appetite.

peterbokma

I feel are going to see movement lower again, as pressure is building up. we are at the higher end of the channel, and showing negative signs. Strategy SELL @ 187.30-187.80 and place SL according to risk appetite. Profit order @ 183.50 for now.

peterbokma

The pair is under pressure, and likely will move lower into 18.1750-18.2000 area. this would mean trading below the channel support, and usually will encounter a rebound. Strategy BUY @ 18.1950-18.2100 and place SL according to risk appetite. Profit order somewhere 18.3950-18.4350.