Gold is looking bullish. Gold has a great potential to rise upward in the coming weeks. Cos from my analysis on the dollar index, the dollar index candles are heading down. From that deduction, it clearly states that Gold will buy. Lets watch, wait and see!
After GBPUSD travelled upward for a long time it hit resistance at price 1.39137. Now its approaching a major support zone. Be prepared for what comes next. We may break the trend line on the right and head up ward or break the support zone below and head downward. Lets see what happens form now. Lets get it. Enjoy!!!
Gold has finished retesting at price 1781.66 and is now heading down to price point 1720 and below. Sell from any price from where it is now to any price below 1720. Lets see what happens before the week ends. Happy trading!!
If you are a long term trader, this is your opening to hold for several weeks ahead of today.
Gold reached a resistances zone at price 1833.6. That price was a decision price, some where buy bias while some where sell bias.
So the sellers took charge and Gold has since been selling. and now it has broken the upward week trend. Which means we are still heading down!
GBPUSD after making a double bottom on the daily time frame is now ready to break the down trend. Price is breaking the upper trend line and continuing up. Lets see what happens in the coming days.
USDCAD after consolidating for many days, Has started its journey to the downside. Price has retested the daily trendline so many times. Its high time it continues down. Lets see what happens next week.
GBPUSD journey to the upside has continued.
After a period of retracement GU broke the right side trend line/channel trend stretched and now it seems to have finished the stretch, its now heading up. Lets see what happens by next week.
Since the four hour support has been rejected and pricing is making its way up. As long as price does not break the trend line on the right side, Price is still heading up.
