Mlando17

Mlando17

With Dow Jones testing previous highs will it be looking to break above this level and search for newer highs, or will price decline again like it did before. The market is currently displaying previous price patterns that once occurred, on this very same high before price started falling - signaling a possible bias of history repeating itself, But if...

Mlando17

The golden market seems to have been making higher lows on its way up, so we might expect another retest on our previous minor resistance resulting in another HL before price pushes higher to break the main resistance. But also keep in mind that price formed a bearish harmonic pattern which may cause the bullish structure to fail when reaching the main...

Mlando17

Gold is trading near a very strong demand area If price declines on the demand zone We could expect a bullish move which Could retest or break our current major high A bullish harmonic pattern can also be additional Confirmation for my bias...

Mlando17

Price on this pair is currently displaying an Indecisive price pattern, with a clear head And shoulder's pattern indicating a Bearish market momentum, a breakout Of the neckline will be regarded as Additional confirmation

Mlando17

Formation of a bullish harmonic pattern, clearly indicating a bullish move in the future a breakout of my current minor resistance (with retest) will be my confirmation

Mlando17

Price seems to be maintaining a very bullish momentum. But this is a neutral setup for me, where as : - A decline on my current support level indicates a buy, - a breakout on my current support may indicate a sell move - And most definitely a breakout of our current resistance will be additional confirmation of a bullish move.

Mlando17

Gold has formed a head and shoulders pattern on the 30 minutes chart indicating the end of the bullish trend. The NFP news release on Friday will give us a clearer picture on what gold is planning on doing next.

Mlando17

Will gold continue with its bearish channel or will gold breakout of the trading channel and create newer highs for the bulls ???

Mlando17

On the daily chart the market has laid out a bearish harmonic pattern, which is more than likely to push the market further down.

Mlando17

-NASDAQ is losing its bullish momentum -Multiple bearish patterns have been laid out by the market -And a possible double-top may form on the major resistance zone

Mlando17

- The Golden Market broke out of its bearish trend line. - Bullish harmonic pattern spotted on the support zone. - Waiting for a pullback towards the 1821.95 levels.

Mlando17

The market was trading in a falling wedge pattern and broke out of its trading zone for a bullish escape... The market is pulling back for a retest before continuing with its bullish journey... Nasdaq Traders are more than welcome to drop their thoughts and opinions...

Mlando17

Price was rejected twice on the major resistance exposing the weakness of the BULLS... A bearish harmonic pattern was spotted, and also The market has just recently broken out of the current SUPPORT LEVEL- creating A NEW MINOR RESISTANCE on this very same level, COULD THE MARKET BE PULLING AWAY DOWNWARDS???

Mlando17

This consolidating market has been making false breakouts yet failing to escape from its ranging zone... A break through the current support @0.91705 level will be the final confirmation to go short... Drop off your thoughts or ideas in the comment section below...

Mlando17

The US Dollar is currently weak, Euros Bulls will push the market higher... I have also spotted an inverse head & shoulders pattern which could boost the strength of Euro bulls...

Mlando17

1] Bearish harmonic pattern spotted on the daily time frame... 2] I Was expecting the price to push up to $2000 before declining...But the NFP event led gold to an earlier decline... 3] On the hourly time frame the market has broken a trendline it's been obeying since the 23rd of November... 4] A break through the new minor support will be my final confirmation...

Mlando17

The market has been trading below my trendline since the 27th of November 2021... And it has just recently broken out of the trendline which it has been obeying for a whole year... Creating a new minor resistance @12272.4 above my trendline, A breakthrough at this very same level will be a good confirmation of a bullish dominance...

Mlando17

Patiently waiting for the market to break my trend line... Since the 18th of January, the market has failed to break the resistance area @1.24512... A breakthrough in my trendline will be a good confirmation of bearish domination...