


I was wrong about BTC for sometime... But a stopped clock is right twice a day. Let's ride till then.
A monster breakout on a weekly basis. This pair closed above 3.5517 on a monthly basis. (Previous close on 2 months basis, suggesting bullish trend is intact)
Pair just retesting the breakout of a yearly support and closed a false break on 12H TF.
Gold has found resistance at it's quarterly level once again and we are considering to go short after the close of September. A short signal has to be generated to support our trading idea in early October.
We believe market is at the very top and big money can not afford to hold for long due to swap cost. There is a good probability for a mean reversion (not a reversal). Will change views if pair closes above 3.6475 on a weekly closing basis.
An interesting setup emerges in the pair. Looking to buy the breakout retest.
Very good entry point for short sellers.
Expecting a sharp move to the downside to Yearly Pivot @44.82
I don't expect Gold to rise further given the T yields expected to rise significantly as a main theme in 2017.
Lira broke multi month channel on high vol today and reached Government year end expectation early. With S&P upgrade in the last minute of late trade, there is a possibility for a correction and a possible reversal at this stage. SInce charts are 2 days based and election may help to reverse market.
Gold is now at a decision point either to the upside or downside. i favor downside after elections, but who knows right?
Pair has made bottom for this year, looking to retest breakout.
No confirmation. Still needs to break the patter.
Lira has rallied very strongly and failed at trendline with a possible bearish 300 point reversal bar.