xEthan

xEthan Updated 

Small Sell, target 60 pips on gold. Ideally wanting to buy when break is confirmed

xEthan Updated 

If i see a confirmation of breakout on support i will target sell today for GBPJPY

xEthan

Gold could make a new higher high today, will wait for confirmation of a break, also might see this trade through to NY session. All about patience...

xEthan

Gold had a nice pump earlier today after news, ive entered in on a sell trade. Gold consolidating, i believe price will pullback to 1955 area to retest support in time.

xEthan

Gold channeling through my trend lines, will look to trade when i see a retest of resistance, or breakdown to support. Staying away from trading in the middle as range trading can be risky. Also jobless claim news out at 1:30GMT, so caution around the dollar at this time. Will look to trade after news today.

xEthan Updated 

My idea of gold today, I think gold will test support at around 1954, if a break I will target 1933.

xEthan Updated 

Trying to incorporate Fib. today, watching close for a break to target some short trades.

xEthan

Gold broke through my entry of 1954. Targeted 1950 +40 pips, now holding to 1936. Stop loss moved to 1950 on second trade for another +40 pips.

xEthan

With the dollar increasing in value, Im looking more towards targeting sells today. Will wait for the closure and confirmation above or below my zones.

xEthan

Golds possible movement for next week. Strong resistance forming around 1981, and strong support at 1951 formed. We could see gold consolidate between these prices. I predict the rejection of 1981, and a pull back to a previous Lower low. Target for tomorrow will be SELLS, as golds in a bearish channel. Sell from the resistance to target that previous LL. 🎯

xEthan

From my findings; I can see gold is in a bullish trend, it is reaching the supply zone and rejecting on the weekly chart. I believe gold could see a movement upwards further into the supply zone, and within the next few days make some new highs, with the chance of rejection downwards. This week will consist of cautious buy trades, with possibility of a lot of sell trades