WEEKLY ANALYSIS AND FORECAST OF GOLD AND USDCHF(21 TO 25 JULY)!! Forex Analysis by Price Action - 0 GOLD-- RANGE TRADING GOING ON AND PRICE COULD BE GONE RANGE HIGH THIS WEEK! Gold, as per the daily and 4-hour charts, is trading within a range. Gold has been trading within this range about last three months. No, the gold price is staying up on the range slope or support label. This support label becomes very strong by various false breaks one after another. Last Thursday, in the daily chart, a bullish pin bar was created, which is giving the rejection of the gold range support label again. And we guess buyers are entering this label, and the market could go as high as the label 3400.00 or more !! USD CHF--DOWN TREND INTACT AND COULD BE GONE MORE FALL DOWN!! USD
WEEKLY ANALYSIS AND TRADE IDEA OF EURUSD, EUR JPY AND S&P 500!! Forex Analysis by Price Action - 0 EURUSD IF EURUSD ABLE TO PASS THE PRICE LABEL1.18110 THEN IT COULD GO EVEN HIGHER TO THE LABEL 1.18500 OR 1.19000 !! Eurusd has been performing a rocket bullish trend from the label 1.05220 to 1.182980. It is 13 hundred points above the pips bullish rally! Over the last 4 months, it has been moving higher and higher! And now eur usd fully intact the bullish trend with perfect momentum also. Last week eurusd has broken a previous daily resistance label 1.175000. After break the resistance eurusd was gone to 1.182980. But eurusd gets some pullback to the last broken resistance level and takes this level as new support. Eurusd price is consolidating this old resistance to
WEEKLY ANALYSIS AND TRADE IDEA OF GOLD, EURUSD AND USDCAD!! (June-30-July-4) Forex Analysis by Price Action - 0 WEEKLY ANALYSIS AND TRADE IDEA OF GOLD, EURUSD AND USDCAD!! GOLD-- BULLISH CHANNEL BREAK BUT WE ARE LOOKING FOR BREAKOUT CONFIRMATION FOR SELL ENTRY!! Gold, last Friday, was able to break the long-time remaining bullish channel! But, it just breaks, we can't take any directional mood without more confirmation, because it could be a false break. So we are looking for a breakout confirmation. If Gold sustains the breakout of the Range and bullish channel, then it will be a bearish trend movement in the daily chart. However, Gold closed below the 50ema and 21 EMA in the daily chart. And there is a sign of bearish momentum. We expect that, if gold holds under the price label of 3292.00, then it could go down to