The XAUUSD trade had a few hick-ups before finally shooting above the 2180 price level. If you'd have followed me, this would have been a trade not to miss out on. Looking at the chart analysis, XAUUSD presents itself for a long term sell opportunity by aid of fib zones, structure, higher time frames and trendline. Area of interests would be off of the 2211 price...
Gold buys are ready now. Jump in at 2173.73. If you have been looking my setups closely you will realize that they are 80% accurate.
USOIL gave us the tap into the exact level as indicated. This could mean a potential buy for short term purposes only.
Gold on the downlow has been consolidating until we've seen a push towards the upside. Price clearly showing a pullback into the region indicated. Once this region is tapped am seeing potential buying opportunities once again. This would be a nice trade to indulge into.
This is where am looking to pick up my short term buys off of, the region from 81.30 to 83.50 seems solid to hold for short term buys before we could expect to see the swelling up oopportunities for sells. Overall trend may seem to be bearish looking at the higher time frames.
Price forming higher-highs. We could see potential upside on this pair as the BTC shows strength on the daily, weekly, and monthly charts.
Price reversed back as expected to give a fourth touch on the reversal pattern/bearish flag. Hoping to see price fall further towards the downside.
Bearish continuation pattern being confirmed and respected. This little pattern has been printed as a bearish flag/wedge whatever.... Second entry confirmations as indicated could be executed.
US30 forming another reversal pennant. Will look to see if this level holds for a sell off. This could be a nice long term sell entry.
Gold is still bullish as it pushes to form new highs. Broke above 15 minute symmetrical triangle
Lower timeframe indicating something looking to be a sell
Price respected the fib zone structure, trendline retest as well as the 100 MA. Giving a nice bounce off of this area. Looking to secure more profits with this move down.
Price broke below structure of 38790.00 and is currently retesting this as resistance
Price broke below an ascending wedge breaking significant lows and forming lower lows. Looking to see bearish momentum if price holds the yellow zone which is the 50% and 61.8% fib zone.
Gold formed a small triangle indicating upward momentum. We could see gold breaking this triangle and form new highs