Big Buy Setup for Gold Wait for confirmation. Re-Test of the support line.
Simply Supply and Demand Trading. First Sell Then Buy
Supply and Demand Trading on the USDCAD Always wait for confirmation. Something like a Re-Test before you enter the trade. Therefore USDCAD could go up or drop.
GU is now at a resistance level. It may drop now. Wait for a Re-Test. Then enter the Short-Trade. After the drop it may continue the UP-Trend.
The GJ is in an Up_Trend. Now at the supply level it will drop at first a little. If we see here a Re-Test at the supply level we can enter the short-Trade. We are about to see a drop on the GJ Pair. After that it will continue the Up_Trend. Also here wait for a Re-Test or put SL a little bit higher. Maybe we will not se a Re-Test and it will just start rising.
Update: Gold now broke the support line @1484. I will now retrace. Maybe we can see 1484 again. But finally after that it will make a big drop Target will be 1430-1420
Head and Shoulder Pattern. I expect Gold to go little bit up and then a Big Drop.
I think the USOIL will go down. Trading from Supply to Demand Zone.
Price will make a touch at the supply zone. The momentum of the up-trend of gbpjpy will end The price will go down. Join my telegram channel for more information
We can see a few touches on the Resistance Zone. It may break and follow the weekly Chart. Check out my bio.
This my opinion on AUDNZD. It will reverse from the resistance zone. Check out my bio.
Gold is still in an Up-Trend. I expect the price to go much higher. For more information & to join us check out my bio.