pandabulltrader

pandabulltrader

As mentioned previously, a bearish bias would be invalidated should price break and trade above 1480. Historical price action and seasonal tendencies show that GOLD is more often bullish in January than not. 1445 has established itself as a good support, suggesting that correction might be over and recent price action supports a bullish perspective. GOLD is...

pandabulltrader

Looking to open short entries around 1473 and or 1480 should bulls push harder. Immediate targets would be D1 support, with the expectation that this will break and price will move towards 1430. A bearish bias will be invalidated should price break and trade above 1480. Some will note that there is a descending channel in play, with price currently moving back...

pandabulltrader

I have taken a near identical trade on this pair before at around the same level (see linked chart). I did not trade it on the last retest due to PA - price stagnated at the level for a few days before it was finally rejected. Some will also note the descending trendline in play, others the lower highs.

pandabulltrader Updated 

HTF = bearish. Sell on pullbacks and or rallies. US-China trade war related news resulted in GOLD recovering some of its recent losses earlier today.

pandabulltrader

Expecting price to move down further. First target would be $6000, then $5595.

pandabulltrader

Expecting to see recent bullish price action retest 9400 where I will look to go short again. Previous analysis was when Bitcoin was trading above 10000. We have broken and retested the level I had as my original target. Some will also note the descending trendline in play alongside a descending triangle pattern.

pandabulltrader

GBP is extremely volatile and sensitive to fundamentals right now. Wait for HTF opportunities and be patient. Looking for opportunities to go short above current market price.

pandabulltrader

Buy on retest if it bounces.

pandabulltrader

Bears have waited patiently for a long time now. Expecting to see more downward pressure to confirm HTF trends. Sell on pullback.

pandabulltrader

Expecting to see support hold upon a retest and then continuation towards 1560 (previously held as support for two years). If support does not hold, this analysis is invalidated.

pandabulltrader

Bullish engulfing candlestick printed alongside retest and confirmation at a key demand zone. Target is immediate resistance.

pandabulltrader

Short entries should be opened between 11250 and 11600. Consider taking profits between 10500 and 10000.

pandabulltrader

Sell after pullback.

pandabulltrader

Still has a major resistance (roughly 1560) to break which held as support for nearly two years. It can be assumed that major support would now be the top of the range (roughly 1361) which it recently broke. Not convincingly bullish given historical advances in price which include the financial crisis (2006-2009) preceding the last bull run until 2012. Previous...

pandabulltrader

Target is 104.893. Short positions should be opened between 107.295 and 108.074.

pandabulltrader

Target is 1.29295.

pandabulltrader

Target is 107.275. Short positions should be opened between 108.875 and 109.30.

pandabulltrader

Short positions should be opened between 1.11536 and 1.12080. Target is 1.05150.