#GBPAUD: 1.82 seems to be a strong support level for the bulls. Pattern now suggests a break of 1.8350 will open the way to 1.8450
Oil is expected to rally on to to complete wave 5 ( $90 ) before 2022 is in.
#GBPUSD: A break of the rising trendline will open the road to the 1.36 level
#Gold: Creeping upwards within a small channel. A sustained break of 1740 needed to take price to the next supply zone 1760. Should price break downwards of the 1725 demand zone, then 1710 will be the next target for the bears.
#GBPUSD: Having bounced off the ascending trendline @ 1.38, cable is not expected to rise to the top of the channel. Sellers are expected to come in @ 1.4240 & 1.4375 where price may take a breather before heading further up. Intraday dips should be seen a buying opportunities which price remains above 1.38
#Gold: 1670 is the next demand zone with more buyers sitting lower @ 1660 & 1645
#Gold: Bear pressure trying to push price lower to 1670/1660
#Gold: Bears pushing hard to break the 1700. It's on the books
#Gold is expected to bounce from current levels to the top of the channel.
#Gold: Sitting at the bottom of the wedge is a good place for a long. Will wait for price to give a signal before diving in. Stop will be placed below the last low with a nice long target aiming for the top of the wedge.
#EURUSD: Price broke through the 1.2175 zone decisively turning the supply zone into a level of demand. A test of it is expected & price should bounce higher towards the 1.2350 level where sellers are lined up.
#NaturalGas: Conflicting bias between the different TFs may have price moving sideways. The 4hr & weekly are bullish while the daily is bearish, so the preferred bias is bullish especially since the price pattern on the weekly is suggesting a bullish move to come. The $2.73 level has many stops below and a break of that level will give the bears the strength to...
#Gold: A decisive break of yesterdays low is needed to to take price lower & test the 1760 demand zone with a bounce there after.
#Gold: Price pattern suggests a rally with a target of 1850 for the bulls.
#Naturalgas : Price is actually rangebound on the weekly chart and is expected to resume its up move to the top of the wedge. Dips can be used to get into long positions