sajawalc

sajawalc

Gold is been bearish for a while and what we saw from the end of 2020 was a little pull back to the upside, now as i am seeing this distribution played through the previous week's price action i do expect it wo fall again at least to 1685.

sajawalc Updated 

DXY is too bullish for now though but looking at this manipulative move and keeping an eye on NFP tomorrow I am expecting it to retest the lows of channel and then continue with the bullish move up.

sajawalc

Imbalance is been filled and liquidity resting there is been taken, now we are testing 4hr OB at a major Supply and Demand Zone. Expecting a same bounce from this level as we already had previously. I am also observing manipulation on RSI on 30 min chart.

sajawalc

Gold is again retesting over the 50% of last swing and a major support area, would be looking a bounce from here to 2000 levels

sajawalc

NZDUSD is been hovering up for a time but now it looks like it may need a retracement/complete-reversal. A break of bullish trend line may open the way to 0.668.

sajawalc

Because of increasing numbers of covid cases europe is going to lockdown the processes which will reduce the Euro Worth and ultimately will push the gold downward. what seems is a retest of previous support/resistance level 1900 + Fib retracement level 0.618 and mayo and then a huge drop to 1.618 level and downward support level.

sajawalc

What I observe from looking at this is GBPJPY will go a little down to test the support and trend line then will rise to test next resistance. Let's what comes up.