eskgroup

eskgroup

We wait for break-outs and/or retests. Play accordingly. GL.

eskgroup

In addition to Weekly SMA100 resistance (1257s), we note Daily H&S pattern forming. We are waiting for a break of neckline (see chart) to activate shorts with target bottom of the rotational box. In the meantime we are buying the support for bullish pips. Points of Interest: MA20 on Daily 1238s.

eskgroup

GL.

eskgroup

Instructions on Chart. GL.

eskgroup

What's next for Fed & Co.?

eskgroup Updated 

Although we don't think so we have to potentially change our bullish bias in Gold to bearish if 1246s and finally 1232s are taken out and price moves lower. Prices on chart for key target entries. Keeping an eye in Oil and Equities as well this week. USD weakness is troublesome. Note on Weekly Chart, price remained below SMA100 with a noticeable size wick. Daily...

eskgroup Updated 

Instructions on the chart. GL.

eskgroup

USD on a cliff - Gold on a massive rise!

eskgroup Updated 

Patience for clear direction. Weekly looks weak for bulls indeed but no decision yet.

eskgroup Updated 

Read chart for details.

eskgroup Updated 

Rising wedges and potential 3s. Will be looking for short opportunities around 1132s/35s or 1152s/55s (1122 break-out is required)...below 1110s/1109s bearish. Enjoy your weekend! Stay safe - #pip4life

eskgroup

This correlates with our Gold Bullish view. All eyes on Fed... Good luck!

eskgroup

We remain bullish on Gold - AB-CD in play still. Decision whether DMA100 will hold or not. Soon we will move risk to 1098s. Expecting a break-out and pushing to top of cloud (1118). Focus on FOMC this week. Two potential D extensions in play. First on DMA200 (strong resistance) and second around 1177s (with a weekly declining trendline around 1153s (not displayed...

eskgroup

We crossed and remained below 1087s, in addition multiple rejections at 1092/95 resistance only confirms further bearish bias for us. We have target at 1072s (200ma) with strong support around 1079/80s (100ma). Risk adjusted to 1092s and will revise shortly. USD flying high and equities stabilizing slowly; however, still fragile...keep a short-term view bias in...

eskgroup

Just ideas! Enjoy and trade safely...

eskgroup

Bulls in charge all of last week; waiting for confirmation of break-out or reversal and completion of potential double top. Extension to 1110s or retracement to 1096s. Good luck!

eskgroup

Still in a complex channel..it seems to formed a nice triangle here - waiting for signal to activate trade Our general sentiment is still bearish. Good luck!

eskgroup

Bulls are pushing - Bears are laughing ...Neutral position on this one due to complex candle patterns. Waiting on further signals from Weekly view...expect low volume this week. USD strength will be tested during final USD data this week (2015). DP - 1063s