Check the Orange line, Gold is expected to play out looking at the area of Demand and Supply it has respected and broken on the Monthly and weekly time frame. Happy Trading. Please kindly leave your commets below. As your view might help other traders Thanks.
Check out the analysis and comment.. all looks good for some little bullish moment before the bears takes over on the pair.
This Idea speaks on AUD, Looking at the higher time frame from the monthly, It looks bearish, the lower time frame from the 15m to 1h will give us a bullish move to the up side to perfect the correction, the Buy area of entry if the market comes down more on Monday 16th, and and if it approves a reversal at the opening of the market, then we should expect our move...