Confluence of important FIb level around 1940 Unstable US economy Wick formed on friday news
The rsi is strong, GBP got good inflation news and IR. Should make a stop hunt move between the two MA.
Divergence on volume. Cad may get stronger because of increase in interes rates. RR of 1.6
With a possible increase in Interest rate, USD might be stronger next week and we may see a good drop on gold.
Convergence of EMA and 38 FIB. Good RR. If there is a rate in hike, we could see a nice bullish move on the pair.
Ascending triangle. Divergence on volume. target level from CFA technique.
Gold has not finished its retracement. On D1, volume decreasing indicating a potential reversal soon. I am shorting until we get to our target of 1935 and we will be able to look for a buy after.
Institutions controlling the price and made a fake breakout. I expect price to come back up for a potential of 75% gain
Divergence on RSI and formation of Head and shoulder on daily TM. This can be a very good trade.
Fibonacci designed to follow intitutions. it retraced and I expect another lower move.
I know it is not the best company. I would take the risk because of the Institutions in need to close their buy completely aroun 0.15.
I feel an Institutionnal strategy here. After they completely close their Buy, the stock could decrease by 50-100%. If they beleive in the 2023 performance, they might hold.
Eliott wave. second wave is now closer to its end and we might see a huge move to the upside. 3rd wave is usually the biggest. Be patience and risk wisely
We have been in a market where shrts controled every single candle. THe tendency will reverse with all the deal that came last week.
Fib, Eliott, Fake news. I expect a down move on gold. no reason for usd to beweak here. elections pump
continuation of big wave 3! lets fly high. we are in an impuls pattern now on daily. lets keep the momentum and buy
Cash data Daily on top. This is an hypothesis but I will take this trade.