katleho_08
@t_katleho_08
What symbols does the trader recommend buying?
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katleho_08
XAUUSD : D1 chart/timeframe . The market is currently closed at the highest price XAUUSD has ever reached. The chances of price continuing higher are there but also the chances of price reversing for our point of interest are also high. We have a low that was left without an inducement. Friday the market closed off after sweeping the BSL which indicates a sign of a reversal but it wont happen immediately, price will seek for sellstops after stop-hunting . We can expect XAUUSD to trade lower to 2293.95 in the coming days (that's just my overall look on the higher timeframe). We intra-day so whatever opportunities we get on XAUUSD are for us. We simply follow the market.
katleho_08
We previously broke out a bullish flag pattern after reaching 53,649. Price gave us a double top pattern but however it was for a correction to the two strong support zones we have after breaking out of the channel. The support at 58,660 is being tested for the third time and from that I am anticipating an aggressive move to the upside.
katleho_08
BTC has been bearish for some time now and will continue to do so. This price moved in a way that was creating bearish momentum for BTC. We recently had a point of interest on the M15 chart , price pierced up through it sweeping off a previous high and creating a new one we will target in the coming days/weeks! A low that created the current high also gave am indication that the market was changing it's structure , making old lows our target. You can expect Bitcoin to drop to 63,360 after a little retest.
katleho_08
Gold scalp 15M. Gold reached the low , psychological level and started moving bullish again .
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