i predicted the correction to present zone, but there is still a lot room for correction then it will range for a while before a probable buy
sell till 18200zone to form a double buttom and a break below would head towards 17000zones. maintaining the 18200zone support would send btc back to 20k-25k zones
there is already a short from the daily resistance, Possible sell trade
i.using the fibs from January's expansion, price is consolidating at equilibrium 365zone (fibs 50%)... ii. price got rejected twice around 290-279zone(fibs 62%) indication a possible push back up but the equilibrium zone is a major hurdle as well as 443zone (fib 38%), 413zone, 485zone iii. A break below 350zone (S turn R) exposes 244zone and further breakage...
Buying opportunities marked out with Blue line Selling opportunity marked out with Redline Just an idean not a trading signal
price closed outside the rising wedge and respect of channel still valid, possible bearish continuation (a retest of 1930zone), and break below. TP1: 1920, TP2:1907...
gold has been ranging for a few days after the pull back from the bearish correction, a possible breakout below as a rising wedge is seen, price has tested below 1950 countless tine in 15min TF...possibly drop down to 1920, 1900, 1881, 1856...
1881 target hit, possible pullback before another bearish run to 1850s near term TP...
falling wedge on 30m timeframe could be indicating a possible bullish breakout...
possible buy setup and a break below signals a sell. Price could also obey n continue trendline not investment advice, just my thought
price was rejected and closed at the weekly resistance zone(black line) and also closed below the trendline. I project a clean short position as there are no major interference to the left.
possible sell, but a break above 1815, would lead to another break above 1818 n then its 1825 all the way. on the flip side a break below 1806 would signal a BIG sell
Looking at the chart from the month down to 30m the market is consolidating. For me, the present price move would touch the 132.022 support zone. Then a possible reaction to Japan's large scale retail sale news (11:30 Today)and then from 8:30 am tomorrow Bank of England consumer credit report, Mortgage lending, M4 money supply would likely push the price down to...
for me, I see a pullback to 1765 and then a possible long position...