garethwarnock44
@t_garethwarnock44
What symbols does the trader recommend buying?
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garethwarnock44
Only Looking for buys on gold, so would be only looking for pull back and rejection from 2392.218, which just happens to be the 38.2% fib level. or maybe the rejection from 2354.135. However it may also breach the All time high before pulling back. But patience is key so I will just be waiting to see what happens and if there is a valid entry
garethwarnock44
Waiting for the pull back and rejection on a 4h close rather than going against the trend and trying to call the top
garethwarnock44
The trend is very bullish, looking for a rejection from the 2031 or the 2040 with a 4h close and a bullish close on the 30m to look for buys to 2058. Failing that I will wait for another rejection from the 2015 level back to the 2031
garethwarnock44
Very choppy, but still have a bullish bias from a fundamental basis so am looking for a break our of the daily high with a 4h close or a rejection from the daily low with signs of continuation from a smaller time frame to look for buys
garethwarnock44
XAU / USD Long Very choppy but my bias is bullish, as it has been unable to break below the 2000 mark, price is in the middle of structure, so I would either be looking for a break above 2038 with a 4h close and a pull back and a higher high close on a smaller time frames to look for the entry. Alternatively would look for a rejection from around the 2012 with a 4h close and a higher high close on the 1h to look for buys back up to 2032. Plus in the current tensions all over the world it dosnt make much sense to be looking for shorts
garethwarnock44
Think shorts are more likely as it has failed to make Higher Highs but the two key areas for me are 2013 and 2020, if there is a break with a 1h / 4h close above or below then that will be the entry and direction
garethwarnock44
The price at a good area to go long as has broken back into structure and retested an area of support inside structure if there is a minor pull back I would look for opportunities to go long. Alternatively if price gaps up because of the instability in the middle east and leave without the pull back then I would look for a break of 2090 with a 4h close above with retest of a HH on a smaller time frame
garethwarnock44
Looking for pull backs or breakouts going into next week to look for longs
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