Gold is expected to be in higher rates. My strategy is showing the price can reach the orange color areas.
I m Expecting the Pair to reach the orange color areas. The first orange color will be the first resistance..
The pair is at the support area and also the Fibonacci is at the main level 61.8. Candles have already retested the support area. Potentials for long.
There seem be a double top on weekly time frame and on daily time frame The trendline is broken. On 4H waitting for short at the 50-62 level.
H&SH is is seen and MACD has confirmed for the same. Waitting for Throw back and then short
The pair is at the support area and in H-1. RD+ and Channel also supported the candles-
The pair is downtrend. It has reached to 1.618 fibo and also at the resistance area. potentials for sale.
Dynamic Resistance as well as Fibo 61.8 level. Stochastic is also in overbought area. At the correction of the pair a small short is suitable.
There is a descending Channel and candles are at the bottom of the channel and also Extension fibo has tested 1.618 potentials for long
At the daily resistance and 78% of Fibonacci/Short good potentials for short
At the support level of trend line and also Fibonacci. Potentials for long
There is Fibo Resistance at this price and also in higher time frames. MACD also with different setting is confirming the same.
Fibo has retraced 50% and there is a possible channel . There is a downtrend in MACD as well
Daily retraces 78.6 Stochastic crossed 4H:MACD RD trend line also broken waitting for throwback and then long
Bullish Divergence RSI trend line is broken Monthly support Area
Resistance in the last 3 month. There is Bearish Divergence in the MACD as well. Stochastic is in the overbought area.