haliforex

I am generally bearish for gold for the week.Both Daily and 4 Hour timeframes are in a downtrend.1 Hour timeframe has had it's uptrend broken but I expect price to sweep the highs and grab liquidity around the order block at 1969 (which is also a resistance in the 4 hour timeframe) and then rally down to the swing low of at least 1914.Adjusting SL to 1977

Going long.Price is still in an uptrend and has retested the previous major support which also aligns with the 61.8% fib retracement level and the support trendline.

Price has formed a double top pattern in the 15 minute timeframe after creating a change of character.A reversal can be expected as it has also created a bearish engulfing candle in the resistance zone.We could potentially see price reverse to the 15 minute swing low of 1955 and possible a second target of 1953.5 which is the neckline support zone.

We're in for a very good short swing on Gold.Check out my analysis and trade responsibly

BTC Bullish Set Up BTC is looking to go up to at least 31400. Disclaimer: This is my bias and not a financial advise.

I expect price to push up to the FVG zone in the 1HR TF, which is also in confluence with the trendline. Then a rally to the downside will follow.DXY is still bullish and confirms the bias.The most valuable thing to do now is to wait for proper confirmations before entering any trade.We're finally in the resistance zone. Short to 1896 - 1893 only after proper bearish confirmation.