Expect buy signal very soon in our channel Profxglobal on gold
Decending channel Price on up channel resistance trendline So it will sell
Eurusd in sell . 16-17 H4 rejection Sitting on key resistance zone That's why we think it will sell towards support zone (1.13797)
As you can see . Clearly showed , support resistance strategy here . S-r flip , price currently bouncing back from the support zone 120.440. Expecting good move towards take profit 1 ( first key resistance zone)and futher take profit 2 ( 2nd key resistance zone)which are respected . Price nicely rejected from the mentioned support zone for( 3 major rejection s)...