Elvis_ben

Elvis_ben

The phycological level 0.67100 is a holding resistance with confluence from the bearish wedge forming up to this level. This is a pullback. I am expecting the overall downtrend to continue after the breakout of the bearish wedge.

Elvis_ben

Silver has been in a bullish run same as gold. The retracement serves as a good discount to join in with the rest of the buyers. The trendline breakout to the upside serves as confluence that the retracement is now over. A 1:3 risk to reward ratio is perfect for the trade

Elvis_ben

After the tap into the 1.28500 area the bulls might give us a breakout to the upside. Being in a uptrend in the larger timeframes makes the region seem like a good discount to buy into.

Elvis_ben

After the trendline is broken on Monday, Gold most likely will start to drop towards the 2350 area.

Elvis_ben

Just a break out of the falling wedge which has now broken above the upper trendline. This is continuation of the overall up trend

Elvis_ben

The wedge has finally broken out and has created a retest and seems to be coming down crushing, hopefully it keeps going down. The support which was broken yesterday has now turned to a resistance and price bounced off the 50% Fibonacci level. The traders dynamic index has also provided extra confluence with the the green line going below the yellow market...