Consolidation at resistance is possible maybe a shallow pullback. Further corroboration of strength of gold against other currencies especially Swissy
Inverse head and shoulders. Maintaining trajectory of longer trendline. Looking for breakout of last swing high
Bouncing off support. Support level coincides with 61.8% retrace of last swing up.
That's it, that's the whole analysis, also we're actually at 55'548.- currently. Bye.
Gold (in Swiss Fran) daily-Right angled/Ascendin' in Broaden'Top Right-angled Ascending formation breakout upwards in 54% of cases: thepatternsite.com Broadening Tops breakout upwards in 61% of cases: thepatternsite.com
there are two channels, an old one and a recent one. we are just in the overlap of both right now. Difficult to take a view besides wait and see. I have decided to play the old channel with a sell on resistance and by on support...
Now we are at the historical resistance to the Gold vs Swiss franc at the peak of The 2008 financial crisis I think it will work a little bit to stop the bullish run and it will give a chance to re-enter the market after the correction it is the time to close your buy positions and lock your profits
UPDATe CUP very clear target 2000 CHF + I colored some of the buy signals in Blue very clear best wishes Nidal Alzubaidi
very significant break can u c the CUP its about 500 CHF not $ deep best wishes nidal Alzubaidi
The basis of my conclusions for this idea were formulated purely through projective differential geometry. I don't intend to share the principles behind it, my only aim is to publish this to see if my prediction is correct.
The wedge would be traded as a continuation patter to the downside. Wait for a break and close below.
possible h&s pattern meaning that price might break through the resistance and reach levels like 1299 and 1325
Nice .382 retracement to retest the base, I suspect it will either hit 1.13 below the nearest base or actually head up and start to finish a harmonic pattern.
Idea: XAUCHF has hit 4hr Fibonacci as support & could possibly hold today's move up to retest the moving average. DISCLAIMER: This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a...
Idea: XAUCHF possible long. Cons: Bottom needs to hold. Continued downtrend confirmed at 1238.676 DISCLAIMER: This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade...