tshembo

tshembo

last pullback just completed at 16.150 zone , expecting 14.780 zone to be tapped before any major correction

tshembo

1475 TP1 ... could be weekly high ... 1505 TP2 possible monthly high

tshembo

The descending channel seem to be over with silver , 15.760 is my weekly high . if the channel is broken.

tshembo

This coming week i expect gold to break pass the stubborn 1440 zone ...we still on our weekly elliotte wave 3 where i expect no drastic retracement... this range will keep on, if gold fails to break 1440 zone by end this week, although it seems overbought ...

tshembo

we have been short on gold after last weeks rejection at 1342 zone , 1310 is our first tp ... currently price is doing a wave 2 correction(ABC) .

tshembo

a break below 14.660 zone will see dollar dropping to 14.360 zone

tshembo

our last set up was stopped out at 1284 zone ... which changes the whole bias back to bear long term currently price is retesting the previous resistance then further down back to 1268 zone

tshembo

14.390 zone held its own very perfectly , now we long to retest 14.730 zone with a tight SL JUST below yesterday's low at 14.340...

tshembo

After 14.950 zone major zone was retested, we have been short with silver to 14.400...patience will pay off....currently 14.800 minor is being retested

tshembo

Our medium term set-up has taken profit at 1302 minor, we expect price to quickly retest 1285 zone then gradually move back up to 1311 zone

tshembo Updated 

After being stopped out on previous set up, the is still a chance to recover some losses ... an UP Trend is underway ...price is currently failing to break down 1279 zone , with this retest i see a weekly high of 1302 zone being tested if volatility is kept this up .

tshembo

Both the trendline and 1284 major resistance have rejected last week. This week i expect price to break and close below 1268 zone heading for 1250 zone as our weekly low...

tshembo

The precious yellow stone have been retracing very beautifully respecting all the major support and resistances .... Elliottes waves forming perfectly with LH and LL ...im going short for the next week and half with a target of 1252.20 from a price of 1293.20 , this will be a completion of wave 3 ....

tshembo

out of the range zone ...EUR/USD has started to trend ...1.11500 weekly TF

tshembo

1294 still onsite patience will pay off...ABC correction done ...wave 1 of daily wave 4 underway.

tshembo

last wave of elliotte wave 2 .....

tshembo Updated 

as previously mentioned 15.700 zone was psychologically broken ... yesterday's candle proved so ...a retracement to test this zone is underway .. that will present us with the long awaited opportunity to go long to 16.600 zone..

tshembo Updated 

last week we saw eur/usd fail to close above 1.14780 zone .... looking at technical perspective of this pair 1.12280 is ur zone of interest but will to pass the biggest hurdle which is 1.14000 zone first .